The path of streaming has been a wild one and it seems it may get even more so! At least–that is if Disney CEO Bob Chapek gets his way of merging major streaming services Disney+ and Hulu.
In a statement to investors last week, Chapek revealed he’d “love to get to a point sooner than later where Disney can integrate Hulu into Disney+. However, all that stands in the way is Comcast, who still owns a 38% stake in Hulu.
“We’d have to have full ownership of Hulu to integrate it into Disney+,” Chapek said last Wednesday. “We would love to get to the endpoint earlier, but that obviously takes some level of propensity for the other party to have reasonable terms for us to get there. And if we could get there, I would be more than happy to try to facilitate that.”
It is worth pointing out that Disney currently has operational control in Hulu and the largest stake in the company. Additionally, Comcast has already agreed to sell its stake in the service by 2024 at its fair market value.
Comcast currently has its own streaming service: Peacock. This service offers a great deal of NBCUniversal content. Some of which it has been pulled from Hulu this past year after NBCU ended a licensing deal with the streaming service.
Although, it is also true that Peacock has struggled to gain a massive following. As of the most recent quarter the service only had 13 million subscribers, and it has shown no growth compared to its previous one.
Hulu had 46.2 million subscribers in the US as of Disney’s most recent quarterly update. This is up from 42.8 million compared to the same time last year. Disney+ had 152 million subscribers globally.
What are your thoughts on the idea that Hulu may merge with Disney+ in the future? Let us know in the comments!
- Disney Changes Content Warning for ‘Peter Pan,’ ‘Dumbo,” Other Old Films - February 11, 2025
- Leaked Images Hint at Disney Princess x Bath & Body Works Mist Collection - February 4, 2025
- Ride into the Holidays with Toy Story Inflatable Disney Christmas Scene - November 28, 2024
Our Official Travel Partner of The Main Street Mouse is MEI-Travel & Mouse Fan Travel
Mouse Fan Travel® an Authorized Disney Vacation Planner, has been planning and creating magical Disney vacations since 2005. Their mission is to provide premium service and expert advice to help you get the most for your vacation time and dollar. Their Disney Travel Agents operate with the highest degree of integrity and will handle your family vacation, reunion, honeymoon, corporate incentive trip or getaway, as if it were their own. They pride themselves on expertly representing and advocating for you – their client.
The next time you and your family are planning a Disney vacation, visit Mouse Fan Travel for your no obligation quote or to answer any Disney vacation questions you may have. Are you looking for a beach vacation, tour or cruise to destinations across the globe? Visit MEI-Travel for exceptional expertise with ZERO agency fees.