Disney Plus: new streaming service launched with Marvel and Star Wars spin-offs

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Disney says its new video streaming service will launch in the United States on November 12.

Like Netflix, Disney Plus will be free of ads. Disney will get its own hub, the aforementioned Marvel, Pixar, Star Wars, and National Geographic are also included, too.

At the launch, Disney+ will have the first two trilogies from Star Wars plus The Force Awakens and Rogue One: A Star Wars Story. Iger has led the company since 2005 and expects to step down when his contract ends in 2021. As part of the new system you'll be able to create your dream Disney+ profile by building your own custom avatar with characters from the library, including customized settings and profiles. Titled Disney+, the service will have just about every Disney movie and TV show, including "The Lion King", "Snow White", and "Mary Poppins". "There truly is no bigger priority for the Walt Disney Company going forward". Apple Inc, AT&T Inc's WarnerMedia and others plan new streaming services.

Disney+ keeps getting bigger and it hasn't even debuted yet.

Star Wars, The Simpsons, Pixar, MarvelDisney+ will become the exclusive home to Disney content, including content from Pixar and Marvel as well as new shows set in the Star Wars universe and documentaries from National Geographic. Disney is flexing pretty hard right now with all of these announcements and it's going to be insane when they finally release their streaming service later this year.

Disney, the juggernaut which is unanimous with cartoons is also the world's most valuable media company.

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Iger has said previously that Disney would take things slow in regard to its streaming venture. During the presentation, The Walt Disney Company went into extensive detail on its direct-to-consumer strategy focusing on Disney+ as well as Hulu, ESPN+ and Hotstar.

It isn't clear when the WandaVision will premiere on Disney+, but the Falcon & Winter Soldier series will premiere within the first year of the streaming platform.

Patrice Cucinello, a director at Fitch Ratings, said Disney had priced the new service "very affordably". Like the original comic, the animated series will be an anthology. That's a whopping amount of content, and the library is only expected to grow year over year.

The plunge into video streaming is likely to confront Disney with new challenges. This is where classic Disney movies were kept from public release until they were each made available for a limited time. One forecast has Disney spending $1 billion on original programming in 2020, rising to $2 billion by 2024. That puts its schedule behind that of some competitors.

With almost 140 million worldwide subscribers, Netflix already has proven its mettle while warding off one competitive threat after another in the 12 years since it pivoted from DVD-by-mail rentals to video streaming. Whatever that actually turns out to be, though, remains to be seen.

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