Streaming is still a major focus of all entertainment companies. And while most have launched their own streaming service, actually making money at it is still something that exists only in the nebulous future. Disney knew from the beginning that Disney+ was going to cost more than it made for a while, and it only expects to be making money on the service about a year from now. It added seven million new subscribers despite a Disney+ price increase, which is a nice start. But another way it hopes to get there is by integrating Disney+ and Hulu and I need this now.
Earlier this month Disney confirmed what had already been expected, that it will be purchasing Comcast’s current stake in the Hulu streaming service and will take full control. Along with that, on yesterday’s Disney Q4 earnings call, as well as in an interview with CNBC, Bob Iger revealed that a “one app experience” is on the way that will integrate Hulu and Disney+ into a single location. This app will be made available in a beta stage next month, with a final version expected in the spring of 2024. Iger said…
