Disney is gearing up to launch its own standalone streaming service next year, but that doesn’t mean the company is giving up on another prominent streaming platform — Hulu.
Disney CEO Bob Iger addressed questions about Hulu’s future during Disney’s recent investors’ earnings call, and he noted plans for expanding internationally while building up Hulu’s original content slate. The company could see a much larger stake in Hulu following the company’s acquisition of Fox. Iger told investors the company has no plans to abandon ship, and it wants to expand Hulu’s presence as a streaming service.
“Given the success of Hulu so far in terms of subscriber growth and the relative brand strength and other things too like demographics, we think there’s an opportunity to increase investment in Hulu notably on the programming side,” Iger said.
Disney+, the company’s standalone streaming service, will launch with an assortment of high-profile original series and a backlog of Disney original content. Tom Hiddleston will reprise his role as Loki for a standalone Marvel series, and Diego Luna will return to theStar Warsuniverse for a standaloneStar Warsseries. He joins Jon Favreau, who is working on a separate standaloneStar Warsseries calledThe Mandalorian.