Disney earnings miss forecasts as costs rise for its streaming future

Disney+ Streaming Bundle Includes Hulu & ESPN+ for $12.99 a Month

$13 Disney Plus, Hulu and ESPN+ Bundle Is a Sweet Deal

Speaking of Disney's streaming service, Disney revealed they will be offering an incredible discount price for those bundling its three premium services: Disney+, Hulu and ESPN. And when we say "just" Disney, we mean Marvel, Star Wars, Pixar so just the stand-alone app is already worth it.

Disney's quarter running from the end of March to the end of June was dominated by "Endgame", the beginning of a storyline that had the top characters in Marvel's film fighting with Thanos, a space-like god-like creature that intends to ruin half of all life throughout the universe.

At the theme parks unit, overall operating income rose 4% to $1.7 billion but declined at Disney's USA parks.

The remake is one of several "reimaginations" the company is planning for its new streaming service, Disney+.

During the presentation, Disney CEO Bob Iger called the service "the most important product the company has launched in my tenure".

Iger said he believed the whole acquisition process killed morale and momentum at the studio and it'll take Disney at least two years to get things back on track.

Come November 12 when it goes live, we'll see whether people will be embracing Disney+ or if they will just consider it another consumer-driven wallet drain. As some of you will no doubt know, the ticket prices for Disney parks have been slowly increasing over time, and they recently jumped up quite a bit ahead of the launch of Star Wars: Galaxy's Edge.

Fans have reacted with bemusement at the news that Disney plans to reboot the 1990 Macaulay Culkin-starring classic Home Alone.

Executives at Disney and Netflix have said they believe there is room for both services in the growing market of digital options that are luring customers away from cable TV.

Disney makes billions of dollars by persuading people to watch its movies and TV shows, play with its toys and games, and visit its theme parks.

During an earnings call with investors on Tuesday, Disney chief Robert Iger announced that the studio is developing reboots/re-imaginings of family-friendly hits such as Home Alone, Night at the Museum, Diary of a Wimpy Kid and Cheaper by the Dozen for its forthcoming streaming service Disney+. Hulu and ESPN will fill the gaps that aren't covered by the Disney+ service, offering content from other companies like Viacom (Comedy Central, etc) and streaming sports.

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