Disney CEO Bob Iger has officially announced the decision to move all Star Wars, Marvel, Disney, and Pixar movies to its own standalone streaming service starting in 2019. Last month it was said that Disney and Pixar movies, which are currently being shown on Netflix, would be likely find a permanent home on a Disney streaming app, but a final decision hadn’t been made regarding Star Wars and Marvel. That changed with the announcement today.
According to Variety:
“We’ve now decided we will put the Marvel and ‘Star Wars’ movies on this app as well,” Iger said during a question-and-answer session at Bank of America Merrill Lynch Media’s communications and entertainment conference held at the Beverly Wilshire Hotel.
Iger also narrowed the time frame when the Disney streaming service will launch, saying he expects it will go live in late 2019. The announcement of a streaming platform signaled Disney felt ready to compete in the digital streaming space that Netflix has dominated in recent years. Netflix has been ramping up its original offerings in an effort to reduce their dependency on licensing content like Disney hits “Zootopia,” “Finding Dory,” and “Rogue One.”
Iger further stated that Disney would be producing original content for the streaming service, including movies and TV series. No price for the service was announced.
You can read more at Variety.comPowered by Sidelines