Disney’s paying more than $8 billion for Comcast’s stake in Hulu.

  • Asafum@feddit.nl
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    1 year ago

    I would love to just get a tiny glimpse of the future in say 10-15 years. At this rate I would bet Disney will own literally all media of every type…

    We’ll have Disney Entertainment, Nestle Foods, Amazon Everything, and Musk Internet. That will be the entire economy.

    This is why I don’t look forward to the future lol

    • Alien Nathan Edward@lemm.ee
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      1 year ago

      this was always the end stage of capitalism: one megacorporation that everyone rents everything from, permanently entrenched and either in bed with a government they’ve bought and paid for or so powerful on its own that government dare not attempt to do anything to regulate it.

    • Salamendacious@lemmy.worldOP
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      1 year ago

      I don’t think musk will corner the Internet market. I don’t have a timeline in mind, and I could be wrong, but as established car makers start getting into the EV game with gusto I think Tesla could end up losing a lot of value and absorbed by one of the big international car manufacturers as their inhouse EV brand.