Price Of Disney Streaming Service To Be "Substantially" Below Netflix, Inc

11 November, 2017, 01:26 | Author: Marjorie Miles
  • Just getting started Of course High School Musical is known for launching the careers of Ashley Tisdale Zac Efron and Vanessa Hudgens

Few details were revealed - save for an announcement that four live-action series based on Disney properties (Star Wars, High School Musical, Monsters, Inc. and Marvel) are in development and will be exclusive to the streaming platform. "We can't wait to continue with this new series of films".

Iger, who last month confirmed he would step down as chairman and CEO in 2019, also revealed Disney has secured a deal with Star Wars: The Last Jedi director Rian Johnson to create a new feature film trilogy set in the Star Wars universe.

The Walt Disney Company has reported that Q3 operating income for its media networks segment dropped 12 per cent to $1.5 billion (€1.29bn) as multiple factors impacted earnings.

It's not yet clear whether the service will be available to cord cutters a la carte or whether a cable or satellite subscription will be needed to access all the content. But that's all we know so far.

Iger also said he was impressed by the new advertising scheme, especially for sports products.

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Which devices will support it?

He also confirmed Disney's upcoming sports SVOD service would be called ESPN+.

Iger called the two ventures "our highest priority this year" and said the Disney channel - which has yet to be officially named - will cost "substantially less than Netflix", because it will have less content, at least initially.

"We've given a lot of thought to pricing", Iger said.

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Heyward is the second outfielder in franchise history to win multiple gold gloves, joining two-time victor Andre Dawson (1987-88). Hosmer, who will become a free agent unless he accepts the Royals' qualifying offer, won three straight during 2013-15.

Disney late Thursday said it intends to price its over-the-top television service "substantially below" the monthly rates Netflix charges. This will launch before the entertainment-focused service rolls out.

That may explain Disney's interest in acquiring large parts of 21st Century Fox Inc., including its film studio, some cable channels and stake in consumer TV services such as Sky Plc and Hulu LLC.

Plus, a new streaming service from the USA sport broadcasting giant, will launch next spring.

Netflix is now home to The Defenders line of Marvel shows, with The Punisher launching later this month; Hulu also has a new Marvel series, Runaways, set to debut on November 21.

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