The Walt Disney Company (Disney) and Comcast Corporation (Comcast) have just announced that the companies have entered into an agreement wherein Disney will take “full operational control” of Hulu, effective immediately, and will purchase 33% ownership in Hulu in 5 years.

Under the put/call agreement, as early as January 2024, Comcast can require Disney to buy NBCUniversal’s interest in Hulu and Disney can require NBCUniversal to sell that interest to Disney for its fair market value at that future time. Hulu’s fair market value will be assessed by independent experts but Disney has guaranteed a sale price for Comcast that represents a minimum total equity value of Hulu at that time of $27.5 billion.

Disney seems to be going all out on this whole video streaming business.

Purl — An Animated Pixar Short

Purl is an animated short film from Pixar’s SparkShorts program. It is directed by Kristen Lester and is based on her experience of being in animation.

My first job… I was like… the only woman in the room. And so… in order to do the thing that I loved, I sort of became one of the guys. And then I came to Pixar and I started to work on teams with women for the first time. And that actually made me realize how much of the female aspect of myself I had buried and left behind.

Purl features an earnest ball of yarn named Purl who gets a job in a fast-paced, high energy, bro-tastic start-up. Yarny hijinks ensue as she tries to fit in, but how far is she willing to go to get the acceptance she yearns for, and in the end, is it worth it?

A Roundup of All the Good Apple HomePod Reviews

Apple HomePod Reviews

Apple’s HomePod goes on sale in just three days. The pre-orders have been open for a little over a week now and so far, very little has been known about this new category of device from Apple. Thankfully, the embargo for the reviews has lifted today and several HomePod reviews are now rolling out as I type this.

Here’s a roundup of some of the notable HomePod reviews I’ve come across so far:

(more…)

Alex Sherman, reporting for CNBC, writes:

GoPro has hired J.P. Morgan Chase to help it seek a potential sale, according to people familiar with the matter.

J.P. Morgan helped underwrite GoPro’s initial public offering in 2014. No sale is assured, said the people, who asked not to be named because the discussions are private. It’s unclear if there is an interested buyer for the company.

This scoop comes right on the heels of its decision to quit the drone business and to lower the price of its Hero6 Action Camera by $100, in an effort to turn profitable.