Photo / 123rfThe Walt Disney Company, in its 97th year, has decided its television future lies in streaming. But unlike the lossmaking Disney Plus, these networks bring in billions of dollars a year. And so Disney's big streaming launch last year offered a bundle of Disney Plus, ESPN Plus and Hulu for $13 a month. The roaring success of Disney Plus has diminished the company's interest in Hulu, according to current and former executives. Instead, Nat Geo was integrated into Disney Plus and FX, a more edgy entertainment channel, was given a digital "lifeboat" through Hulu.

Source: New Zealand Herald December 07, 2020 22:41 UTC