Disney+, Hulu, and Max Unveil $16.99 Bundle to Rival Netflix and Combat Streaming Fatigue
July 25, 2024Disney+, Hulu, and Max streaming services introduce a combined bundle priced at $16.99 a month with ads or $29.99 a month without, offering content from various brands under Disney and Warner Bros. Discovery.
Netflix declines a similar bundle, positioning itself as a primary entertainment destination.
The bundle is a response to the cord-cutting trend as consumers shift from traditional cable to internet-based services.
The bundle aims to increase engagement and reduce cancellations by offering discounted rates, known to boost consumer retention.
Bundling services like Disney+, Hulu, and Max may limit the freedom to cancel individual subscriptions, making sense for regular users of all included services.
Industry leaders, including Warner Bros. Discovery CEO David Zaslav, view bundling services as a strategic move to combat streaming fatigue and decrease cancellation rates.
The success of large streaming bundles like this one could pave the way for more platform combinations in the future.
To compete with Netflix, studios are forming bundles to attract subscribers with a variety of licensed content.
Existing subscribers to Disney+, Hulu, and Max can save money by switching to the new bundle, available for sign-up on the service websites.
Comcast plans to launch a rival super bundle with Netflix, Peacock, and Apple TV+ exclusively for its subscribers.
The average US customer spends over $77 monthly on streaming services, prompting bundled deals to retain subscribers.
Disney and Warner Bros. Discovery collaborate to reduce churn and enhance engagement by offering complementary libraries in the bundle.
The bundle concept, reminiscent of cable TV days, provides more content at lower costs, potentially appealing to consumers seeking variety.
Summary based on 19 sources
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Sources
CNET • Jul 25, 2024
You Can Now Get Disney Plus, Hulu and Max Bundled Together for $17The Verge • Jul 25, 2024
The Disney Plus, Hulu, and Max streaming bundle is now availableYahoo Finance • Jul 25, 2024
Disney, Warner Bros launch streaming bundle with ad-free plan for $30/monthLos Angeles Times • Jul 25, 2024
Is the new Disney+, Hulu and Max streaming bundle a good deal? - Los Angeles Times