Disney's CEO said the one-app service is expected to launch by the end of the year.
He said the streamlined app will bring “greater opportunities for advertisers, while giving bundle subscribers access to more robust and streamlined content, resulting in greater audience engagement and ultimately leading to a more unified streaming experience.”.
Beginning in January 2024, Comcast can use a put/call option to require Disney to buy its stake, or Disney can use its buy option to force Comcast to sell its stake, the entertainment news website reported.Streaming “is very, very tricky right now and before we make any big decisions about our level of investment, our commitment to that business, we want to understand where it could go,” Iger said during an investor conference last month.
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