Disneywill roll out a singlestreamingapp with programming fromHuluandDisney+by the end of this year.
Disney+, Hulu and ESPN+ will continue to be available as stand-alone services, he noted.
Pricing, he said, would also be increasing along with the new consolidation plan.
Bob IgerGetty
That means they can target individual viewers via a range of traits as opposed to traditional spray-and-pray TV advertising.
Disney has attracted 5,000 total advertisers, helped by the new horizons of streaming, Iger said.
Hulu is approaching a crossroads in early 2024.
Thats when a put/call option kicks in for Disney and Comcast, which still owns one-third of Hulu.
We are confident we are on the right path toward streaming profitability, Iger said.
Dominic Patten contributed to this report.
