Sunday, June 23

Disney to Launch on-demand Streaming Service called Disney+

Disney has come up with an all new and its very own on-demand streaming service known as Disney+. The company is gearing up to give a tough fight to the predominant player in this segment that is Netflix.

The new service Disney+ will launch in late 2019. The company had earlier announced its plans of launching its streaming service in August 2017 and now it has become a reality.

Disney also purchased Fox for $71.3 billion in cash and stock, further bolstering its library. Also, the service will also feature new, original shows and movies, including original Marvel and Star Wars series. Other original shows and movies include a rebooted version of The High School Musical franchise.

Along with this, it will be a hub for animated content, including the next season of “Star Wars: The Clone Wars” and a new original animated series based on Pixar’s “Monsters Inc.”

On the other hand, exclusive movies will include “Noel,” a Christmas movie about Santa’s daughter played by Anna Kendrick, and “Togo,” a movie about the 1925 Nome Serum Run starring William DaFoe. Disney’s other streaming service, sports-centered ESPN+, reached 1 million paid subscribers in just five months.