Is the Hulu streaming service app shutting down and merging into Disney+? Here's everything to know about Hulu and Disney's integration and the new streaming app.

Walt Disney Co. is integrating Hulu and Disney+ into one app, the entertainment company announced Wednesday. During an earnings call, CEO Bob Iger said Disney would combine the two streaming services to create a "unified app experience" that will feature entertainment, news and sports.

Disney is fully integrating Hulu into Disney+. Disney streaming employees expressed optimism about the shift to Business Insider.

Disney’s profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks

Disney’s streaming revenue increased 6% and the segment turned a profit of $346 million during the three-month period ended June 28, the company reported in its quarterly earnings results Wednesday. But it was higher sales and operating profit at Disney’s domestic parks business that helped the Mouse House beat Wall Street earnings expectations for the

Streaming turned profitable during Q3, with Disney Plus and Hulu reaching 183 million subs and streaming-related income rising to $346 million.

Disney's profit and revenue climbed in its fiscal third quarter based on the strength of the entertainment company's streaming service and domestic theme parks.

Disney announced earlier that it had reached a deal to sell 10% of ESPN to the NFL in exchange for the NFL’s media properties.

Walt Disney's ESPN has reached a landmark deal with the National Football League to acquire NFL Network and other media assets from the league in exchange for the NFL taking a 10% equity stake in the sports network,