Andrew Gillan of Janus Henderson Investors says he likes markets in the Philippines and Indonesia, and explains why it's difficult to invest in Vietnam despite its...Investingread more
China has other "weapons" in its trade battle with the United States — and selling off its U.S. Treasury holdings will not be one of them, said Richard McGregor, senior fellow...China Economyread more
Deutsche Bank Wealth Management's global chief investment officer predicted the Federal Reserve will cut interest rates twice in the next 12 months, but chances of a four-time...US Economyread more
Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
Germany online bank N26 said it raised a huge $170 million in additional funding, valuing the six-year-old fintech start-up at $3.5 billion.Technologyread more
Stocks in Asia traded lower on Thursday afternoon. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
"When you look at the capacity inside of the Walt Disney Company to create content, the IP that's there, the access we'll have with that is, you know, terrific. We are going to be able to invest more and invest more upstream and find the best stories and the best creators to make shows for the company," CEO Randy Freer told Julia Boorstin Tuesday on CNBC's "Squawk Box."
Freer, who took the helm at Hulu in 2017, told CNBC's the company's "investment in original programming will increase significantly."
Representatives for Hulu clarified that investments would be less about spending money and more about refocusing the company's resources. In the past, Hulu has concentrated on acquiring content, but with a powerhouse like Disney behind the streaming service, it can now put more effort towards creating its own.
A source close to the matter said Hulu's programming budget will remain in line with the guidance Disney provided during its investor day in April.
Hulu already has a slate of original shows including the Emmy Award-winning "Handmaid's Tale" as well as "Catch 22," "Ramy," "The Act," "Pen 15," and "Shrill."
Ahead of Disney securing a controlling stake in the streaming service, Hulu had already green lit two live-action Marvel shows — "Ghost Rider" and "Helstrom" — as well as a slate of four animated series featuring Marvel superheroes, including Howard the Duck.
As entertainment giants like Warner Bros. and Comcast enter the streaming game, having a brand like Hulu is an asset for Disney. Not only does it have proprietary programming, but it also has a live-TV feature as well as the option for ad-supported viewing.
Disney has also discussed bundling its ESPN+ programming and its upcoming Disney+ streaming service with Hulu, but it has not disclosed how much this bundle would cost or when it would become available. Disney+ will launch on Nov. 12.
Disclosure: Comcast is the parent company of NBCUniversal and CNBC.