Disney streaming service to cost much less than a Netflix subscription

Disney CEO Bob Iger reveals Star Wars, High School Musical, and Monsters, Inc. will all get series on new streaming service

Disney CEO Bob Iger reveals Star Wars, High School Musical, and Monsters, Inc. will all get series on new streaming service

The news that spinoffs of the Netflix shows will remain separate from Disney's streaming service is crucial, as it holds the promise for series based on Heroes for Hire and Daughters of the Dragon.

Iger said in the call that Disney's platform would be "substantially cheaper" than Netflix, which now charges $10.99 / £5.99 a month for its basic package. And it's looking to do that at a cheaper, more appealing price point that takes square aim at Netflix.

Disney said Thursday it's already working on a new Star Wars trilogy to follow the series that's scheduled to wrap up in December 2019. While Bob says the price is not set, I would guess it to be about $6.99 by the time it launches. It is expected that all Disney content, including releases from Marvel, Star Wars, and Pixar, will eventually disappear from Netflix and be exclusively available to stream on the new platform. According to Variety, Iger has said that Disney is now working on shows based on Monsters Inc., High School Musical, as well as a new series from Marvel. The new series that was announced today is unlikely to be based on the abandoned Underworld project.

"As I've said earlier, we're going launch this thing pretty aggressively", he said on the call Thursday.

Man rams vehicle into students in Toulouse, arrested
When asked about the possibility the man was motivated by terrorism, the prosecutor said the attack was "nothing of that order". A driver was arrested after the collision, and the Toulouse prosecutor has been called to investigate, the ministry said.

There are no details whatsoever regarding what either series will be about, but both are expected to debut before the end of 2019, soon after Disney launches their new service. The Fox deal would've given Disney control of a large portion of Fox's TV shows, which Disney would've then presumably moved over to their upcoming streaming service.

The first picture in Disney's Star Wars revival, The Force Awakens, cost $245 million to produce and went on to deliver $2.07 billion in box-office sales, according to Box Office Mojo. An worldwide version of the service might release before the U.S. launch, however, due to streaming rights.

Currently, Netflix plans start at $7.99 per month and jump to $10.99 for HD and $13.99 for Ultra HD plans. Iger also announced that the service will include a redesigned app that will give users the ability to stream channels and "thousands more" live events "for a fee".

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