Activist investor Nelson Peltz believes Walt Disney can achieve profitability in streaming by bundling its ESPN+ online service with a larger player interested in sports, such as Netflix.
While the streamer is pulling far ahead of rivals, it is extending an olive branch as a buyer of shows and as a possible bundle partner.
Will it soon be possible to pay one fee for Netflix, Amazon and Hulu? Observers increasingly believe it’s inevitable that the era of bundled streamers is near as households tire of paying an average $107 a month for cable.