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Disney, under CEO Bob Iger, is set to acquire Comcast's 33% stake in Hulu for an expected $8.6 billion, giving Disney full ownership of the streaming service. The valuation process will consider the potential sale of Hulu to a third-party and the value it brings to Disney's other streaming services. A beta test of the merger of Disney+ and Hulu into a single app is expected to launch next month and the full version by spring 2024. Disney expects its streaming division to be profitable by the fourth fiscal quarter of 2024.
Disney Swears It Can Make Streaming Profitable and Promises a Combined Disney+, Hulu Service https://t.co/GbrAj11FZz
Disney+ and Hulu's combined app will launch a beta version in December before the full rollout is expected in spring 2024, announces CEO Bob Iger. https://t.co/Ennz1UWH8D
The merged Disney+ and Hulu app launches in beta next month https://t.co/fIzb0BEPzz https://t.co/ipCIgAkwdq
Disney will start testing a combined Disney Plus and Hulu app next month https://t.co/VJQeRHeEo9
Disney+ and Hulu Merging Into Single App, Beta Coming in December https://t.co/R31WFfa5Ou https://t.co/XjAEQAea4Y
Disney+ and Hulu will test becoming a single app starting next month https://t.co/0eazU3eXF5 by @nexusben
The movies and shows you love on Disney+ and Hulu will soon be available on one app. The app launches in spring 2024, but will begin rolling out as soon as next month. Get more information below. https://t.co/Sc4Nue6eLf
Disney+ and Hulu are becoming one. @Disney announced in its quarterly earnings report that they are combining @DisneyPlus and @hulu in a new streaming app entering beta next month. The news of the combined app comes one week after Disney announced its plans to buy Comcast’s… https://t.co/8Xrv6LoXpC https://t.co/vBZ2ju7TRg
Lots of $DIS news today: — @Disney increasing cost-cutting goals by $2B — Streaming losses way down — Expects streaming division to be profitable by FQ4 2024 — ESPN had best viewership in years last yr — Combined Disney+, Hulu app coming next month @axios https://t.co/qraFsUuoeE
Merged Hulu and Disney Plus Streaming App to Arrive as Beta in December https://t.co/pKisgIRfNU
The merged Disney Plus and Hulu app launches in beta next month https://t.co/jKt7scgYbI https://t.co/XV11Nhpp7k
#Disney CEO Bob Iger says the combined Disney+/#Hulu app will launch in beta in December, and in full in March 2024, to give parents time to set things up. https://t.co/wSPHTqjLDq
Disney+ and Hulu will officially merge into one app Full launch will happen by March 2024 https://t.co/WaQoPmvHp6
Disney CEO Bob Iger says a beta test of an app combining Disney+ and Hulu will launch in December 2023 and an official launch will follow in spring 2024 (@xpangler / Variety) https://t.co/sTyiPvvBBX 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/KLrgzNXho1
Disney+ and Hulu will test becoming a single app starting next month https://t.co/lgAYjoz4fW by @nexusben
Disney+, Hulu Integration Set to Begin in December https://t.co/8LOFDTLHnC
$DIS TO LAUNCH BETA TRIAL OF DISNEY+/HULU BUNDLE IN DECEMBER
Disney will start testing a combined Disney Plus and Hulu app next month https://t.co/gDaq3vzWJj
Next month, Disney will launch a beta test of an app that combines Disney+ and Hulu into a single experience. “We remain on track to roll out a unified one-app experience domestically,” says CEO Bob Iger. https://t.co/z1qu4FbPXK
A Beta test of an app that merges Disney+ and Hulu will be launched next month. https://t.co/a1Bu8Fm0Cy
The merged Disney+ & Hulu app will have a beta test launch next month. Official launch will happen in Spring. https://t.co/SCPIv4qu51
Disney+, Hulu Merged App to Launch Next Month, Bob Iger Says https://t.co/z1qu4FbPXK
A single app merging Disney+'s and Hulu's content could arrive as soon as March 2024, according to Disney CEO Bob Iger: https://t.co/8al1eHBrEq https://t.co/S9blWp8CWL
Combined Disney+ and Hulu App to Launch in Beta in December https://t.co/suLLPC8Vjd
Netflix continues to dominate the US streaming platform market at 36% market share. Disney’s recent move to acquire Comcast’s remaining stake in Hulu for $8.6B would put it in second place, ahead of Amazon Prime Video and Apple TV+. $NFLX $DIS $AMZN $AAPL https://t.co/mYLQEUDOtm
Now that Disney is acquiring the final third of Hulu from Comcast, will the overall valuation of the asset—and what Bob Iger ends up paying for it—be less material than the investment required to maintain it? New, from @loudmouthjulia https://t.co/aXqpWe2LH0
This week on Media Monday: @JonKelly2 joins @PeterHamby to talk through Conde Nast’s economic problems and how it all came to this. Then they hypothesize how much Disney will pay for Hulu. Listen to the full podcast: https://t.co/I3sD58XgUf
Disney is buying out Hulu in full from Comcast Disney has been holding a majority stake in streaming service Hulu, with Comcast holding a minority stake. Now, Disney is set to take the whole enchilada. #Disney #Hulu #entertainment https://t.co/xP7O8dPGrq
Netflix stock is up 25% since Disney and Hulu reached their floor valuation agreement in May 2019. At the time, Hulu had only 23.2 million SVOD subscribers vs. 44 million today. https://t.co/xqZkIidItI
Disney To Acquire The Remainder Of Hulu From Comcast For Roughly $8.6 Billion https://t.co/uTJhChYJOi https://t.co/9ZlzocJ7Fr
Today @Disney announced plans to buy @comcast's remaining 33% stake in @hulu for an estimated $8.61 billion. This buyout will give Disney full ownership of the American subscription streaming service. While Disney CEO @RobertIger has said the combining of the two apps is a… https://t.co/8pTukFVqXQ https://t.co/xRUb96jd5y
Disney has taken another step further into the streaming world, buying Comcast out of its 33% stake in Hulu in a deal that was originally agreed to back in 2019. https://t.co/oqefisHQ97 https://t.co/r0YOXJ3Mqo
The arbitrators must also consider the value that @Hulu brings to its sister streaming services at Disney, including @DisneyPlus and @ESPNPlus $DIS $CMCSA https://t.co/xqZkIidItI
Disney will take total ownership of Hulu to aid struggling streaming business https://t.co/T2zYORBKYC
Disney is set to buy NBCUniversal's remaining share of Hulu, resulting in the streamer being fully owned by Disney. Here's what this means for you. https://t.co/l3Liyqdc1a
The Hulu valuation process must take into account what Hulu could be sold for to a third-party with all programming that exists today, as well as the value for which either Disney or Comcast would acquire 100% of @Hulu $DIS $CMCSA https://t.co/xqZkIidItI
Disney to acquire remaining stake in Hulu for expected $8.6 billion https://t.co/ZnP2V115ns
Disney To Acquire Remaining Stake In Hulu For Expected $8.6 Billion https://t.co/cwzzXtxonv
It’s official: Disney’s buying out Comcast’s one-third stake in Hulu. The Mouse House will pay at least $8.6 billion for sole custody of the streamer. https://t.co/Yl5vmzCFeJ
Disney Spends Billions to Gain Full Control of Hulu https://t.co/2B2zJMiKOX