Netflix could be in trouble come late 2019 when Disney launches its new streaming service, and now, the service has a name.
Disney+ (how original right?) will be launching in late 2019 and will be hoping for movies like Avengers, Deadpool, and Pirates of the Caribbean in order to pass Netflix as the number one streaming service.
As for the content, Disney owns not only their original content but also the Pixar, Marvel, and Star Wars franchises. They also have the 21st Century Fox content as the result of their recent $71.1 billion acquisition. Disney will also own 60 percent of Hulu and will be using the Fox assets to bolster their already high content lineup.
As of now, it is way too early to determine what the price might be per month for subscribers, but some of the content that will be available on Disney+ has been determined somewhat.
There will be a new live-action “Star Wars” series that takes place prior to the events of “Rouge One: A Star Wars Story” and another series called “The Mandalorian,” which will be set after the fall of the Empire.
Disney CEO Bob Iger said to CNBC that Disney+ will be aimed towards the common viewer as well as the most hardcore Disney fan. Most content that Disney has will be available for all.
Back in August of 2017, Disney made the announcement that they would be pulling all of their content from Netflix, which set in motion the events taking place now.
The launch of Disney+ will follow after this years’ launch of ESPN+, the sports media service that is owned by Disney. Iger has stated that ESPN+ currently has over a million paid subscribers, and it only costs $5.00 per month for thousands of hours of sports content.