Hulu Articles and News Stories
Disney CEO Bob Iger Sits Down with CNBC to Discuss His Return
Disney CEO Robert Iger appeared for an interview on CNBC’s Squawk on the Street Thursday morning after making several big announcements during the first quarter earnings call of 2023, one being the company’s plans to cut operating costs by laying off 7,000 people. Advertisement When Iger was asked about his return to Disney, he responded … Disney CEO Bob Iger Sits Down with CNBC to Discuss His Return
Will Disney Plus and Hulu Merge for a Larger Combined Market Share?
It’s a question that has been on the minds of fans for months now, though, with the reintroduction of Bob Iger to the big CEO chair, this feasible streaming merge is looking more and more possible. Iger has the unfortunate job of making significant changes to The Walt Disney Company that drastically and rapidly improve … Will Disney Plus and Hulu Merge for a Larger Combined Market Share?
Peter Rice, Chairman of General Entertainment Content, Leaving Disney Company
According to The Hollywood Reporter, Peter Rice, Chairman of General Entertainment Content for The Walt Disney Company, is leaving the company. Advertisement Rice is reportedly exiting the company after being “summoned” to a meeting with Disney CEO Bob Chapek on Monday. Rice joined the Walt Disney Company in 2019 when the company acquired 21st Century … Peter Rice, Chairman of General Entertainment Content, Leaving Disney Company
Disney and Sony Pictures Announce Licensing Agreement
The Walt Disney Company and Sony Pictures Entertainment announced a multi-year content licensing agreement for U.S. streaming and TV rights to Sony Pictures’ new theatrical releases across Disney Media & Entertainment Distribution’s vast portfolio of platforms, including its streaming services Disney+ and Hulu, as well as linear entertainment networks including ABC, Disney Channels, Freeform, FX … Disney and Sony Pictures Announce Licensing Agreement
The Walt Disney Company 3rd Quarter Earnings Report Shows Revenue Down 42%, Parks Income Down $3.5 Billion
Tuesday afternoon, The Walt Disney Company released their earnings report for the 3rd fiscal quarter of 2020 (ending June 30, 2020), showing revenue down 42% and income down 72% over last year for the quarter. Diluted earnings per share decreased 94%. Advertisement Chief Executive Officer Bob Chapek said in a written statement: Despite the ongoing … The Walt Disney Company 3rd Quarter Earnings Report Shows Revenue Down 42%, Parks Income Down $3.5 Billion
Cast Members Can Opt for the Disney+ Package Over Their Main Entrance Pass Starting in 2020
Currently, cast members are granted a main entrance pass that allows them to take family and friends into the Disney theme parks for free, with certain exceptions like blockout dates. Starting in 2020 cast members will have the option to pick between their Main Entrance Pass benefits or a free Disney+ bundle that will include … Cast Members Can Opt for the Disney+ Package Over Their Main Entrance Pass Starting in 2020
Disney Blocks Netflix from Advertising Across Its Entertainment TV Networks
According to the Wall Street Journal, the Walt Disney Company has banned advertising from Netflix Inc. across its entertainment TV networks such as FreeForm, ABC, and FX ahead of launching Disney+. This move could be considered a sign that marketing wars are escalating over streaming as media juggernauts battle for subscribers. Advertisement Disney, Comcast Corp., and … Disney Blocks Netflix from Advertising Across Its Entertainment TV Networks
Disney Streaming Services to Have their Own Pavilions and Panels at D23 Expo 2019
Disney’s three streaming services have just announced their expanded presence at this year’s D23 Expo. In addition to the large showcase taking place Friday afternoon, Disney+, ESPN+, and Hulu will host pavilions and several panels on the show floor. Advertisement During the previously announced Disney+ First Look Showcase (8/23, 3:30pm, Hall D23), guests will get … Disney Streaming Services to Have their Own Pavilions and Panels at D23 Expo 2019
Comcast Agrees to Sell Its Stake in Hulu to Disney Within 5 Years; Relinquishes Control Immediately
UPDATE: From the 6th Annual MoffettNathanson Media & Communications Summit, Bob Iger stated that the backend of Hulu will eventually be the BAMTech platform which is used for ESPN+ and Disney+. Iger also mentioned that although Hulu doesn’t have the brand strength of Disney+, they will leverage the content brands of the company such as … Comcast Agrees to Sell Its Stake in Hulu to Disney Within 5 Years; Relinquishes Control Immediately
Disney Looks to Acquire Another 10% Hulu Stake from WarnerMedia
The Walt Disney Company is “in active discussions” with AT&T regarding WarnerMedia’s 10% ownership share in Hulu, according to a report from Variety. Advertisement Disney currently own a 30% stake in the streaming platform; Fox and Comcast/NBCUniversal both own 30%, and the last 10% belongs to WarnerMedia. That is all about to change, as Disney … Disney Looks to Acquire Another 10% Hulu Stake from WarnerMedia
