Dec 16, 2017

Hulu's key role in Disney's plan

Photo: Dan Goodman / AP

["W]ith Walt Disney Co. poised to take a controlling stake in Hulu, the little 10-year-old streaming service once known solely for airing reruns of broadcast shows online could eventually become a credible threat to Netflix's dominance," the L.A. Times reports atop column 1:

  • "Disney will own 60% of Hulu if its proposed $52.4-billion purchase of 21st Century Fox is approved by regulators. Hulu is currently equally owned by Fox, Disney and Comcast, which each have 30% stakes. (Fellow media giant Time Warner owns the other 10%.)"
  • Why it matters: "Santa Monica-based Hulu is expected to become a pillar of Disney Chief Executive Bob Iger's strategy to take on streaming video insurgents that are disrupting the traditional media industry."
  • "Hulu would be [an] important part of the strategy to compete for consumers who are cutting the cord. In a business driven by the volume of quality content, Disney could boost the service's standing with more shows."
  • "Hulu, which only operates in the U.S. and Japan, could also expand internationally."

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1 p.m. ET: 5,851,494 — Total deaths: 362,238 — Total recoveries — 2,445,181Map.
  2. U.S.: Total confirmed cases as of 1 p.m. ET: 1,729,185 — Total deaths: 101,706 — Total recoveries: 399,991 — Total tested: 15,646,041Map.
  3. 2020: North Carolina asks RNC if convention will honor Trump's wish for no masks or social distancing.
  4. Public health: Hydroxychloroquine prescription fills exploded in March —How the U.S. might distribute a vaccine.
  5. Transportation: National mobility keeps rising as more states reopen economies.
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Obama on George Floyd's death: "This shouldn't be 'normal'"

Photo: Getty Images/Getty Images for EIF & XQ

Former President Obama said in a statement Friday that the death of George Floyd, an unarmed black man who was killed by a white Minneapolis police officer, "shouldn't be 'normal' in 2020 America."

What he's saying: "[W]e have to remember that for millions of Americans being treated differently on account of race is tragically, painfully, maddeningly 'normal' — whether it’s while dealing with the health care system, or interacting with the criminal justice system, or jogging down the street, or watching birds in a park."

Trump's big, empty beef with Twitter

Illustration: Aïda Amer/Axios

President Trump finally acted on his now year-old threat to take action against social media platforms for alleged bias against conservatives. But so far, according to experts in both government and the industry, the threat looks mostly empty.

Driving the news: Trump escalated his war on Twitter Friday morning, tweeting repeatedly that the company needs to be regulated after it overnight added a warning label to a tweet of his calling for the military to start shooting looters, which violated Twitter’s rules against glorifying violence.