It's 50-50 that he could still flip-flop on this due to the precedent of running his stances back and forth in other topics.
He refers to Skydance & Netflix as opponents of an UFC match in the same article as well, lol:
"“They’re beating the hell out of each other — and there’ll be a winner.”"
The president's comments to NBC News were a reversal from his December statement that he would be involved in the approval process for Netflix’s deal.
www.nbcnews.com
Having networks and home videos remaining king forever requires taking a time machine, traveling back to the 1990s, but then also the prevention of technology evolving.
As the world changes around the innovation of technology, streaming was inevitable with Netflix's disruption of Hollywood.
Yup, Disney knew it needed to have adult content to gain all kinds of audiences in streaming because that's what it lacked compared to Netflix, WarnerDiscovery, Paramount Global, Comcast, etc.
The Fox deal (including Hulu) was a strategic once-in-a-lifetime opportunity to get caught up on the same footing with others.
Some, including a particular person, talked about how the closest thing Disney had to adult content was Touchstone but it had run its course by 2010 and essentially acted as live-action DreamWorks's distribution label until its end in 2016.
As they solely focused on finishing out the DreamWorks contract with DreamWorks then jumping to Universal, Touchstone wasn't ever going to consistently fill in Disney's adult content gaps that 20th Century, Searchlight, FX, National Geographic, Hulu actually had a reliable track record for.
People keep trying to push on Touchstone is just like expecting MGM to actually resurrect Cannon Films in the modern day, for example, and that's just an irrational argument being made here.