If you’ve kept up with Walt Disney Company News, then you know that much of Disney CEO Bob Iger’s focus has been on improving the company’s streaming platform.
Mickey and Pals at Cinderella Castle
Since early 2023, the company has undergone a mass restructuring to shift focus and to reallocate funds to support the improvement of Disney+ and the company’s other streaming assets. In late 2023, the final quarterly earnings call showed that the restructuring seemed to be working, and that Disney is set to profit from Disney+ in late 2024 — for the first time since before the pandemic. Now, another big change is taking place on Disney+, and it has to do with Disney’s recent announcement that they will purchase the remaining shares in Hulu. Can you guess what it is?
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