Walt Disney Co announced the details of its highly anticipated streaming video service with prices below Netflix.
Disney said its new family-friendly streaming service will cost $7 monthly or $70 annually with a register of new and classic TV shows and movies from some of the world’s most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.
The ad-free monthly subscription called Disney+ is set to launch on Nov. 12 and in every major global market over time, the company said.
It all starts on November 12. For more info: https://t.co/RD04P7jdAT #DisneyPlus pic.twitter.com/M1QI7qkH5p
— Disney (@Disney) April 12, 2019
In addition to Disney films and TV shows, it will feature programming from the Marvel superhero universe, the “Star Wars” galaxy, “Toy Story” creator Pixar animation the National Geographic channel and the entire library of “The Simpsons.”
To get it in front of more people, Disney said it has struck deals with Roku Inc and Sony Corp to distribute Disney+ on streaming devices and console gaming systems and expects it to be widely available on smart televisions, tablets, and other outlets by launch. It did not mention if it would be available on Apple Inc’s upcoming video service.
The Disney+ programming will draw in part from Disney’s deep library of classic family films. It also will include exclusive original content such as a live-action “Star Wars” series called “The Mandalorian,” a show focused on Marvel movie villain Loki, and animated “Monsters at Work,” inspired by hit Pixar movie “Monsters Inc.”
Some new Disney movies, such as a “Lady and the Tramp” remake, will go directly to the Disney+ app. Other new releases will appear on Disney+ after their run in theatres and after they cycle out of the home video sales window, executives have said
Via Walt Disney Co and Reuters
