Disney will raise the price of its streaming television service Hulu by $1 a month, the company told customers on Tuesday.
Walt Disney Company
The Walt Disney Company ($DIS) is an American mass media conglomerate that owns broadcast television, cable television and radio networks; theme parks, movie studios and the Disney+ streaming app. Its properties include ABC, 21st Century Fox, FX and Disney Plus. It co-owns cable sports channel ESPN with Hearst Communications.
Disney sees gains for its flagship streamer, ESPN Plus and Hulu, while Hulu’s Live TV product saw a dip in customers.
The FCC has proposed a $20,000 fine against ESPN over the broadcaster’s use of EAS tones during a documentary.
Disney will pay $10 million to Lionsgate in order to use the Star Plus brand for its streaming service in Brazil.
Hulu has added two new football channels to its live television service.
A judge in Brazil says Disney’s forthcoming streaming service “StarPlus” is too similarly named compared to Lionsgate’s “StarzPlay.”
Starting next month, Disney will raise the price of ESPN Plus to $7 a month or $70 a year.
Lionsgate has filed a series of trademark infringement lawsuits against the Walt Disney Company in several Latin American countries.
Executives at Time Warner and Disney held a brief phone call to discuss a possible merger in 2016, according to a new report.
Hulu and ESPN Plus also added subscribers, with the latter nearly doubling the number of customers served since last year.