Disney is rolling out a single streaming app, featuring programming from Disney+, Hulu, and ESPN+, by the end of this year in the United States.
CEO Bob Iger announced the news during Disney’s quarterly results today calling it a “logical progression of our DTC offerings.” Disney+, Hulu, and ESPN+ will continue to be available as stand-alone services, he noted. The three have been offered as a bundle since 2020, with the combo package credited with driving subscriber acquisition across all three services.
Iger also noted the company would be “rationalizing” the output of and investment in content, however, no specific details were provided.
A put/call option kicks in for Disney and Comcast, which still owns one-third of Hulu, in early 2024.
“We are confident we are on the right path toward streaming profitability,” Iger said.
Source: Deadline