'We'd have to have full ownership of Hulu to integrate it into Disney+,' the Disney CEO told an investor conference.
Disney CEO Bob Chapek signaled his interest in integrating Hulu into Disney+ after the company buys out the remaining rights from Comcast.
Speaking at the Goldman Sachs Communacopia & Tech Conference on Wednesday, Chapek said he was interested in a faster timeline to acquiring Comcast’s remaining stake in Hulu before the 2024 deadline and his desire to remove the “friction” for consumers when they have to jump between the Disney+ and Hulu apps to access content.
“There’s a little bit of consumer friction there in terms of having to go out of one app and into another and so I think we, long term, we can avoid that. But 2024 is not that far away,” Chapek said. “We’d have to have full ownership of Hulu to integrate it into Disney+. We would love to get to the endpoint earlier, but that obviously takes some level propensity for the other party to have reasonable terms for us to get there.
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