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 is having a strong year, with both streaming and parks helping the company beat Wall Street’s expectations. In its latest quarterly earnings report on Wednesday, Disney said its streaming business grew by 6% and made a $346 million profit for the three months ending June 28.

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

ESPN’s long-awaited direct-to-consumer streaming service is coming soon. And it’s adding one of America’s favorite sports shows: NFL RedZone. The NFL and Walt Disney Co. DIS finally announced an agreement Tuesday that will see the media giant acquire most of the football league’s media assets — including RedZone,

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.

The House of Mouse is swapping a 10% stake in ESPN for control of key media assets including RedZone and the NFL Network.