Disney reveals details for their new streaming media service

Later in 2019, Netflix will have its hands full courtesy of Disney. The company just recently revealed an attractively-priced streaming media service that is likely to give Netflix and other platforms a real run for their money.

According to the New York Times’ report, Walt Disney Company’s new service called “Disney Plus” is coming out on November 12. It will feature an attractive price for US subscribers of just $6.99 per month. That is considerably lower than the Netflix monthly charge which starts at $9 right now for standard definition streaming. Netflix charges $13 a month for hi-definition streaming with the ability to stream on two screens at the same time.

The details about the new Disney Plus service arrived during a presentation from company executives this past Thursday (Apr. 11). Since then, interesting individuals have been able to digest the news and begin comparing how the service may work with current services such as Netflix, Amazon, and the upcoming Apple TV. There’s also a belief that Disney+ may be offered as part of a streaming bundle deal along with ESPN+ and Hulu, both of which Disney owns.

The new Disney streaming service will rely upon their vast catalog of pre-existing content but also other new original content. That will include Marvel, Disney, and National Geographic offerings. In just the first year, Disney Plus is going to have 10 original films and 25 original series. Among those series will be three different spinoffs based on “Avengers” characters.

The “Avengers” spinoffs will include “WandaVision” and “Falcon and the Winter Soldier.” There will also be the first live-action Star Wars television series called “The Mandalorian” on the new platform. It was also revealed that Disney’s complete “Signature Collection” of classic animated films will be available as part of the service on its first day of launch. There will also be new shorts involving the “Toy Story” character Bo Peep and a new character that will be in “Toy Story 4.”

In addition, launch day will allow subscribers to access all 30 seasons of “The Simpsons” and almost all of the “Star Wars” movies. Popular movies and shows from the Fox library will also be available including “Malcolm in the Middle” and “The Sound of Music.”

The news of the platform’s arrival later this year in the US caused a surge for Disney’s stock on Friday. It rose by $13.46 or 11.54 percent to finish the day over $130. So far no details have been unveiled regarding the platform’s cost for other areas, but a wider rollout is expected for Disney+ beginning in 2020.

Dil Bole Oberoi

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