Disney's New Streaming Service Will Cost "Substantially" Less Than Netflix

Disney's New Streaming Service Will Cost

There's at least one Marvel project in the works (this likely won't affect their Netflix shows...at least for now), a Monsters Inc. series, and, unsurprisingly, a Star Wars live action series.

This week, Disney CEO also announced that they plan on making sure their streaming service is "substantially below" the current price of Netflix, which now sits at a $10.99 a month price point for U.S. subscribers, and will likely increase in the coming years.

Furthermore, the studio will produce "four or five" movies a year, exclusively for the Disney service.

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Even as Iger played down talk of Disney's streaming platform aiming to be a "Netflix killer", calling the company "a good partner of ours", he made his goals for content quite clear.

Of course, for us fans, our minds immediately went to the Marvel Cinematic Universe.

As reported by The Wrap, Iger explained that the price of the service will be connected to the amount of content that it will carry.

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While Iger declined to comment on the speculation on Thursday, analysts said a deal could help Disney expand its content library as it prepares to launch the streaming service. Iger's newsy bombshells late Thursday sent slumping shares reversing higher, despite the media conglomerate's unexpected profit and revenue declines that initially hit the stock.

The deal between Disney and 21st Century Fox can still happen, a new report from CNBC indicates. On this outline, it might seem like Disney is developing a Netflix killer. But with Johnson's new trilogy said to "introduce new characters from a corner of the galaxy that Star Wars lore has never before explored" perhaps this series will follow a similar lead.

Parent company Disney says the offering will be accessible through a brand new ESPN app that features the option stream the channels and access live sporting events.

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