Disney Streams, HBO Buys into Funny

A couple of old media titans made separate new media news today as Disney announced it would stream full-length movies online for free, and HBO invested in comedy site Funny or Die.

Following its Wonderful World of Disney programming on Saturday nights this summer, Disney will make hit library titles like Finding Nemo, Monsters Inc. and Princess Diaries 2 available for free streaming on Disney.com for the one week. PaidContent has the full press release with dates and titles.

Elsewhere in old media land, after flunking out with its first comedy site, ThisJustIn.com, HBO is hoping to find better luck this time by partnering with Will Ferrell’s Funny or Die. According to Variety, HBO will take a less than 10 percent equity stake in the site, and will commission ten half-hours of programming from Funny or Die. The arrangement could also expand to include live comedy shows or developing a Funny or Die block of programming on one of HBO’s channels.