1Disney+ and Hulu (Disney Streaming)
No. 1 — Disney+ and Hulu (Disney Streaming). On the lists of 8 of 9 AIs; median place there: 3. Its viewing share is smaller than YouTube's or Netflix's, but its streaming business now makes real profit and keeps growing.

Did you know
Hulu began in 2007 as a joint venture of News Corp (Fox) and NBCUniversal, with Disney's ABC joining in 2009. Disney now owns it outright, after buying Comcast's last 33% stake.
- What it is
- Disney's streaming service: Disney+ and Hulu together.
- Its edge
- Reports its own streaming profit, which more than doubled to $712 million.
- Who should know
- Useful for anyone asking whether streaming hours really turn into profit.
- Share of US TV time4.8% of TV time
Why it is here
Disney's streaming profit more than doubled, to $712 million in the quarter ended June 27, 2026. A year earlier it was $329 million. Operating margin was 12.9%. Disney is the leader of the three on the growth side too.
Disney+ and Hulu revenue rose 11% to $5.53 billion. Subscriptions grew 15% to $4.72 billion. Ads grew only 3%, to $851 million. Most of the growth comes from what viewers pay, not from ads.
History
In 2019 Disney took operational control of Hulu, but Comcast kept a stake. Disney paid Comcast an $8.6 billion minimum in December 2023, then $438.7 million more in June 2025 to settle a valuation dispute.
Keep in mind
Disney is folding Hulu into the Disney+ app. A critic expects higher prices and fewer choices, and says Disney+ is more convoluted than Hulu. He also notes Disney+ lost over $10 billion before turning profitable.
Where to go further
Open the Disney bundle page and compare the ad-supported and ad-free Disney+ and Hulu prices. Check the price shown at checkout, because prices and offers change.

