Disney's Streaming Business Needs Help. Owning All of Hulu Probably Won't Provide It.
The idea makes enough sense on the surface: If operating one popular streaming service is good, combining two streaming services is even better. And if Walt Disney (NYSE: DIS) CEO Bob Iger has things his way, that's probably what he'll do with his upcoming chance to buy the remaining 33% of streaming platform Hulu that Disney doesn't already own.
Disney's still-unprofitable streaming division could certainly use whatever help it can get. The matter isn't quite as simple as that, though. While the company will certainly see some benefit from bundling Hulu with Disney+ into a single service, consumers aren't necessarily stoked about the prospect. Any investor expecting such a repackaging to be a much-needed panacea for Disney is apt to be disappointed.
But first things first.
Source Fool.com
