Now, this might seem like a bad thing at first (who really wants to spend more money?), but it might be beneficial for you if you’ve got some Disney stocks!
According to USA Today, the first reason this change might be beneficial is that it helps make the Disney Bundle, which features Disney+, ESPN+, and Hulu, more enticing. Hulu will now be half the price of the Disney Bundle, which costs $13.99. This would lead to more people buying the bundle, which would help Disney recover from significant financial losses last year.
The second reason is that it fast-tracks Hulu to profitability, something they weren’t supposed to reach for the next two years. It will also ultimately help improve the service. Profitability has been a struggle since the pandemic began, as it wasn’t until last month that the Disney parks reported a profit since their reopening.
Overall, this rise in price helps Disney recuperate after massive losses in 2020 and push Hulu towards a more sustainable business model. We’re always keeping up with the latest Disney news, big and small, so stay tuned here for more.
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What do you think about this price raise? Let us know in the comments.