During The Walt Disney Company's Investor Day, almost all had been revealed about the highly-anticipated streaming service, Disney+. This is all on top of more than 7500 TV show episodes and more than 500 blockbuster movies, according to Disney.
Previously announced Disney+ projects include the Star Wars live-action series The Mandalorian, starring Pedro Pascal and Nick Nolte, and a High School Musical reboot series with an ensemble of newcomers.
Among the original programming planned for the subscription service will be the Marvel live-action drama The Falcon and The Winter Soldier, starring Anthony Mackie and Sebastian Stan.
On Thursday, Disney announced three original Marvel-based TV shows would be developed for the platform.
Wall Street has pinned high hopes on the new service, which analysts expect would cost about US$7.50 monthly and lure about 7.2 million U.S. subscribers in 2020 and 13.66 million by 2021, according to a poll of analysts conducted by Reuters. While the price undercuts Netflix's $8.99/month entry point, Disney+'s content is more limited and lacking in variety than Netflix's offerings. When the service launches, the first 30 Simpsons episodes will be available to stream.
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The Fox deal also gave Disney also a controlling stake in Hulu. Iger has said Hulu will continue to offer general entertainment programming while Disney Plus will be focused on family fare. The company has not yet released details for any other markets. It expects Disney Plus to be profitable during its 2024 fiscal year.
David Mickey Evans, who directed and wrote the feature film, is writing and executive producing the new series and the entire cast is expected to be returning.
The plunge into video streaming is likely to confront Disney with new challenges.
Within the first year of launch, which begins on November 12, audiences can have access to Disney's entire Pixar film collection, as well as Marvel's most recent superhero release Captain Marvel and many more of the studios popular films.
Disney+ will also be home to Marvel's films, with Captain Marvel will be available from day one, along with films such as Iron Man, Iron Man 3 and Thor: The Dark World. Netflix films such as the award-winning "Roma" and "The Ballad of Buster Scruggs" have either become available for streaming on the same day or just a few days after their short runs in theatres. The Silicon Valley upstart has amassed 139 million customers worldwide since it began streaming 12 years ago. And with Disney+ set to launch later this year, the big company is only now offering a first look at what's coming down the pike.