The Walt Disney Company has no interest in shutting down or parting ways with its general entertainment streaming service
Hulu, despite reports that suggest otherwise, the company’s CEO affirmed in a TV interview this week.
In an interview with CNBC, Disney CEO Bob Iger said the company’s intention to acquire full control of Hulu will allow it to launch the brand globally and roll out more bundling opportunities with other services.
The comments came about a day after Puck News published a column by its founding partner Matthew Belloni, who speculated that Disney’s recent intergration of Hulu content into
Disney Plus was proof that the general entertainment streamer was becoming immaterial to its business.
“The integration of Hulu content into Disney Plus has worked well,”
Belloni wrote. “Outside this country, Disney already puts Hotstar, its general-interest brand, under Disney Plus, without offering it as a separate service. It seems natural that the same fate will befall Hulu.”