Disney+ And Hulu Combined App Begins Rollout Next Month
The December launch will be its beta phase before it debuts fully in late March
The combined Disney+/Hulu app, making a single experience for subscribers of both services, will head into beta launch next month, Bob Iger has revealed.
“We remain on track to roll out a more unified one-app experience domestically, making extensive general entertainment content available to bundle subscribers via Disney+,” Iger said on a Disney earnings call for the September quarter, referring to the announcement of intent for such back in May. It’s all being done while the company awaits closing its deal to buy out NBCUniversal’s 33% stake in Hulu at a value starting at $8.61 billion, as they announced last week. The price is very likely to rise based on an assessment of Hulu’s market value by each side’s bankers. The CEO, who viewed a demo of the new dual service on Tuesday, didn’t identify any specific programming or details about how the two services would be separated for parents who prefer that.
Disney+ And Hulu Content To Combine In Standalone 'One App Experience'
Happy National Streaming Day! In the second-quarter earnings call for the company’s fiscal year, Disney CEO Bob Iger announced a move that wasn’t quite what everyone had been talking about but was certainly a step. A new app that combines Disney+ and
The December beta launch is for bundle subscribers only, and apparently just the one that doesn’t have ESPN+ as well. Iger remarked that this gives parents time to set up parental controls and basically boundaries against the more adult Hulu content before the wider release in late March. Hulu on Disney+ is expected to bring in increased engagement, more ad revenue, and reductions in customer-acquisition costs and churn.
While Disney has yet to make Hulu a global brand or announce plans to, the folks on Wall Street believe this will pave the way, as even after securing operational control over Hulu, they haven’t expanded its reach to keep the buyout price as low as they could. On a final note, Iger claimed Disney’s streaming business is heading toward profitability by this time next year. We'll see how that goes.
Disney Begins Process To Buy Out Comcast’s Share Of Hulu
Disney announced Wednesday that it plans to acquire Comcast’s remaining 33% stake in Hulu. The price is expected to be $8.61 billion but truly this is actually the start of the appraisal and negotiation phase. That $8.61 billion is NBCUniversal’s percentage of the $27.5 billion “guaranteed floor value” for Hulu that was established when Disney and Comcas…
Source(s): Variety