Disney and Warner Bros. Discovery have announced a new streaming bundle service that will include Disney+, Hulu, and Max. This new bundle is set to launch this summer, bringing together popular brands like ABC, FX, Food Network, Marvel, HGTV, and CNN under one roof.
The companies unveiled the streaming bundle service in a press release on Wednesday. The service will offer options for both ad-supported and ad-free plans, with more details set to be released once the launch date is finalized. Disney already offers bundle packages for streamers, including its Disney Bundle Trio Basic plan that combines Disney+, Hulu, and ESPN+ with ads for $14.99 a month.
Disney’s involvement with Hulu dates back to 2019 when it acquired a majority stake in the streaming company from Comcast. In November 2023, Disney took full control of Hulu by offering Comcast $8.6 billion. According to The Wall Street Journal, Disney CEO Bob Iger considered Hulu an important part of its efforts to broaden its audience.
During an earnings report on Tuesday, Disney shared details about its streaming app. The company expects Disney+ to earn a profit for the first time in the fourth quarter, with streaming losses falling to $18 million compared to the $659 million recorded at this time last year. This new partnership between Disney and Warner Bros. Discovery gives subscribers access to blockbuster films
