Disney+ and Hulu Content to Be Merged Into a Single App in the US 6qfu Entertainment News

The merged app will roll out by the end of the calendar year, but for now, the services will remain separate. 505y5x

Written by Rahul Chettiyar, Edited by Ali Pardiwala | Updated: 11 May 2023 14:17 IST

Disney+ and Hulu Content to Be Merged Into a Single App in the US

Photo Credit: Disney q1h3y

Disney+ streamer also managed to reduce its losses by over $400 million

Highlights

Hulu content is bundled into Disney+ app in select countries like India
Disney+ ad-free tier will undergo another price hike, later this year
The streamer lost four million subscribers this quarter

ment

removed in late March.

“While we continue to offer Disney+, Hulu, and Comcast's stake in Hulu by 2024, with Iger claiming that he sees some business potential in retaining general third-party content — like Hulu — in tandem with Disney's catalogue. Disney owns two-thirds of Hulu and has an agreement with Comcast that might result in the former owning the entirety of the stake soon.

Back in Discovery+ into a single revamped app called ‘Max.' It is slated to launch on May 23 and comes in multiple tiers.

Iger also confirmed that Disney+'s ad-free tier will undergo a price hike, later this year, adding that it would "better reflect the value of our content offerings.” The plan currently costs $10.99 per month (about Rs. 902), going up from $7.99 (about Rs. 655) in December when the company launched its ad-ed plan.

Disney+ also lost 4 million subscribers for the second consecutive quarter, following a decline in late 2022. On a positive note, the streamer also managed to reduce its losses by over $400 million (about Rs. 3,282 crore), down 26 percent year-over-year. At the end of the first quarter, Disney+ had 157.8 million subscribers, compared to the 161.8 million count from December. As per Variety, the drop was driven by a ‘4.6 million sequential decline at JioCinema.

While it's unclear as to exactly what will be affected for now, Disney also confirmed that it will remove ‘certain content' from its streaming platforms. “[Disney is] in the process of reviewing the content on our DTC services to align with the strategic changes in our approach to content curation, ” Christine McCarthy, CFO, said during the call (via Variety). Going forward, the company intends to produce lower volumes of content, as a means to streamline its operations and offerings.

The Chromecast with Google TV that runs on Android TV is here. When will Google learn how to name products? We discuss this on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

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