New plans announced Wednesday that Disney+ and Hulu will combine into one app for U.S. subscribers.
In an email to employees following the call, Iger said the move is a "logical progression" of Disney's direct-to-consumer offerings.
Ongoing strength at its theme parks and an improving streaming business propelled Disney to higher profits and revenue in its fiscal second quarter. For the three months ended April 1, Disney earned $1.27 billion or 69 cents per share. That compares with $470 million, or 26 cents per share, a year ago.
In Disney's fiscal first quarter, sales at its parks, experiences and products division grew 21%, while revenue for the unit housing its movie business inched up 1%.
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