Hulu and Disney+ will be combined into one app, Disney says
During an earnings call, CEO Bob Iger said Disney would combine the two streaming services to create a "unified app experience" that will feature entertainment, news and sports.
"This will create an impressive package of entertainment, pairing the highest caliber brands and franchises, great general entertainment kids, programming news and industry leading live sports content all in a single app," Iger said on the call. The new "unified Disney Plus and Hulu streaming app" will be available to consumers in 2026, the Disney CEO added.
Disney did not immediately respond to CBS News' request for comment.
Iger said the move would generate a "better consumer experience" and lead to "greater advertising revenue potential" by allowing the company to package ad sales together more efficiently.
"I imagine down the road it may give us some price elasticity as well that we haven't had before," Iger noted.
Disney also announced Wednesday the Aug. 21 debut of an "enhanced ESPN App" that can be bundled with Disney+ and Hulu for $29.99/month.
The news came amid Disney's latest earnings report, which showed a boost in the entertainment company's profit thanks to new streaming subscribers and strong sales at its domestic theme parks.
Disney+ and Hulu subscriptions totaled 183 million, up 2.6 million from the second quarter.
Disney has run Hulu since 2019. Last month, the media powerhouse paid Comcast's NBCUniversal nearly $439 million to finalize its purchase of the streaming service.
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