While technically it’s not a monopoly, I see it hurting consumers. Each separate network will not be a competitor to each other because all of them will have their own content and have little to no overlap when it comes to television. Netflix and Hulu were seen as the two sites where you could go to watch any movie or TV show you wanted. Hulu unified the experience for television. Now though it’s falling apart. No one is sure how this deal was reached, but I’m willing to bet Disney was able to leverage their power to push NBC out since they will now be developing their own service.
In the end, it will hurt consumers and studios alike IMO. I don’t see people going and paying à la carte, which means they’re unlikely to subscribe for one show on one service. Those who do opt to subscribe to more services will now have to pay more for the same shows and services they were getting before. To add to it, my generation is watching less and less TV while enjoying more and more YouTube. That alone would’ve hurt networks but now that they’re basically breaking up Hulu, the place where you could pay $8/month and watch any show you wanted, I see that just being another couple nails in traditional media’s coffin.