Disney Merges Hulu and Disney+ in $3 Billion Streaming Strategy
TL;DR Summary
Disney is responding to the decline in traditional TV viewership and advertising revenue by merging Hulu with Disney+ and launching a new ESPN app, aiming to attract more subscribers and adapt to the growing trend of cord-cutting and competition from free streaming platforms.
- Disney announces unexpected move as TV customers flee TheStreet
- Hulu App to Be Phased Out as Disney Is ‘Fully Integrating’ Service Into Disney+ Variety
- Popular streaming app shutting down: How can you watch programs? AL.com
- Disney+ and Hulu are merging and it could save $3 billion Business Insider
- CEO Bob Iger Announces Joint Hulu and Disney+ Streaming Service. What Does It Mean for Investors? The Motley Fool
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