Streaming services have been thriving all year round in a tougher economic environment, and TV sessions could see another shift.
According to Bloomberg, Disney CEO Bob Chapek said the company is looking to merge the two, Hulu and Disney+.
He said the same thing at a Goldman Sachs industry event on Wednesday.
The company used to offer discounts on Hulu and Disney+ subscriptions, and it sold so well that Chapek said customers would appreciate it if it were all in one place anyway. said it was deaf, the outlet added.
According to Variety, he said Wednesday that Disney+ is “pretty cheap.”
But it’s not as easy as smoothing them together. Disney signed a deal with Comcast in 2019 to run Hulu, but Comcast still owns a 33% stake in him. Under the terms of the same deal, Comcast plans to sell his stake to Disney in 2024.
If Disney wanted to merge Hulu and Disney+, it would have to buy Comcast’s 33% stake in Hulu.
Consolidation and price changes continue to occur across the industry. Disney+ plans to raise prices in December.
In August, HBO Max was announced to merge with Discovery+, sparking fan outrage, layoffs, and content dumping. At the time, a spokesperson said: variety Those 36 titles will be removed from the platform immediately.
On Tuesday, The Wall Street Journal reported that Paramount is considering combining Paramount+ with Showtime streamers.