This week, Disney CEO also announced that they plan on making sure their streaming service is "substantially below" the current price of Netflix, which now sits at a $10.99 a month price point for USA subscribers, and will likely increase in the coming years.
Disney late Thursday said it intends to price its over-the-top television service "substantially below" the monthly rates Netflix charges. Iger's comment does echo Netflix's strategy, which had hiked the price recently noting that pricing is all related to volume.
Walt Disney Company chairman and CEO Bob Iger has confirmed that Disney's now unnamed streaming service, set to launch in 2019, will feature a new live-action TV series set in the Star Wars universe. Disney has already confirmed that Marvel Cinematic Universe movies will move from Netflix to the Disney streaming service once it is launched.
Hulu App Released for Nintendo Switch
When the Switch console was first released , many seemed confused why it didn't support any video streaming apps. Ever since its release in March, the Nintendo Switch has been little more than a game-playing machine.
Even as Iger played down talk of Disney's streaming platform aiming to be a "Netflix killer", calling the company "a good partner of ours", he made his goals for content quite clear.
A new Star Wars TV series is in the works.
As soon as we know more, we'll let you know, sports fans. Ben Fritz of the Wall Street Journal notes that Disney would also develop shows based on Disney properties such as, Monsters Inc., Marvel, and High School Musical. "We can't wait to continue with this new series of films". Deadline reports the company is developing new TV shows for their upcoming digital streaming service.
ESPN, the focus of many an earnings call past, largely escaped scrutiny Thursday, thanks to Iger's announcement that the new direct-to-consumer, ad-supported streaming platform will be called ESPN Plus and will be set to debut in the spring of 2018.