source: ottsource.com
Hulu, one of the top movie and TV streaming services, is working with Disney. The company said recently that their new streaming service would show Disney content as well as Fox content.
Talk about two powerhouses working together for the good of the viewer.
You can subscribe to Hulu for as little as $7.99 a month. Tons of great, family-friendly content right at your fingertips for just eight bucks a month. What a world we live in!
Hulu has said it signed deals with 21st Century Fox and The Walt Disney Company, getting access to Disney/ABC Television Group, Fox entertainment, news, sports, and other programming. This upcoming service is scheduled to release in 2017.
Hulu had said before that the service would also have content from Time Warner’s Turner networks, which would include Cartoon Network, CNN, and TBS.
“We’re building a service that offers subscribers the most sought-after programming on television — and channels from 21st Century Fox and The Walt Disney Company are essential to that mix,” said Hulu CEO Mike Hopkins in a release. “With these two new deals in place and additional partners to come, Hulu will soon give TV fans of all ages live and on-demand access to their favorite programs in a whole new, more flexible, highly personalized way.”
Hulu has a few different packages, including those with ads and those without for a little more money. They also announced that they have plans for a “skinny” bundle, which would allow viewers to watch TV shows without needing to pay for cable or satellite.
But, wait – there’s a twist – the announcement of a new Hulu service
The announcement of this new Hulu service is peculiar. The reason? Hulu’s owners are none other than The Walt Disney Company, 21st Century Fox, Comcast, and Time Warner. So, really, when you think about it, this move is not that surprising. All of these companies need to be where the viewers are. But Hulu’s new service may scare some cable and satellite companies.
Fortunately, Disney is on the good guy’s team and doesn’t seem to be going away anytime soon.
In fact, Disney is on track to grow annually by about 8-9%, according to Nasdaq.
The Walt Disney Company’s growth and projected growth (source: Nasdaq)
“Over the next five years, the analysts that follow this company are expecting it to grow earnings at an average annual rate of 8.82%,” says Nasdaq’s website. “This year, analysts are forecasting earnings increase of 12.06% over last year. Analysts expect earnings growth next year of 4.6% over this year’s forecasted earnings.”
And just think, this company started in a tiny shared office in L.A. with just a few people on the payroll. Walt Disney once said, “The way to get started is to quit talking and begin doing.”
That’s what they did, and now here they are. That’s what we call determination, folks.
source: ottsource.com
The Walt Disney Company’s growth and projected growth (source: Nasdaq)
