Does this mean Disney will be moving most/all their content to Disney+ in the US like it is in other countries? Isn’t Hulu a predominantly American used streaming service?
Hulu will continue existing and Disney+ will likely not take on any content. They cater to two target markets and they own both, so that works for them.
It also helps obscure the monopolistic back-to-cable tactic they're playing. "Oh we have Hulu, Disney+, ESPN+, our customers get to choose what they want! There's value and choice and freedom!"
if they are smart they will make hulu more of free service like it originally was and then put their played out content on it as an alternative to allowing it on a competitors service.
Hm, I don't think that is impossible and I'd love to see it go that way. I would love for a streaming service to make any step towards being good for the consumer instead of the share holders.
Its sorta both. Its like friends and seinfeld. They are big enough hits for streaming platforms to vie for them but when their various shinies lose their shine then they just make ad money off them (well and privacy violation money)