Taylor Alison Swift is an American singer-songwriter. She is known for narrative songs about her personal life, which have received widespread media coverage. At age 14, Swift became the youngest artist signed by the Sony/ATV Music publishing house and, at 15, she signed her first record deal.
Her 2006 eponymous debut album was the longest-charting album of the 2000s in the US. Its third single, "Our Song", made her the youngest person to single-handedly write and perform a number-one song on the Billboard Hot Country Songs chart. Swift's second album, Fearless, was released in 2008.
Buoyed by the pop crossover success of the singles "Love Story" and "You Belong with Me", it became the US' best-selling album of 2009 and was certified diamond in the US. The album won four Grammy Awards, and Swift became the youngest Album of the Year winner.
With the fate of Hulu’s ownership soon to be determined, Disney CEO Bob Iger says it is “very tricky” to pin down its long-term value given that streaming overall is still in a “nascent” stage. “We’re really studying the business very, very carefully, all those competitive dynamics, with an understanding that we have a good platform in Hulu,” the exec said in an appearance at the Morgan Stanley Technology, Media and Telecom Conference. “We have very strong original programming … and we also have a good library.” The service, he added, is “very attractive for advertisers.” Despite those pluses, Iger said, “the environment is very, very tricky right now.
Before we make any big decisions about our level of investment and our commitment to that business, we want to understand where it could go.” In early 2024, a “put/call” will take effect under the 2019 deal that gave Disney full operational control of Hulu.
Under the terms of the deal, Disney can compel Comcast to sell it its 33% stake, which would cost at least $9 billion. Some Wall Street analysts believe Comcast could maneuver to take control of Hulu, in light of Iger’s comments about the limits of general entertainment in streaming.
Iger, who returned to the CEO chair last November, told CNBC last month that “all options are on the table.” Iger observed that the “whole streaming business — other than Netflix, which is relatively mature — is a nascent business for most of us.
Read more on deadline.com
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