Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> > >

Disney unveils price, launch date for big streaming push

Video Credit: Reuters Studio - Duration: 01:25s - Published < > Embed
Disney unveils price, launch date for big streaming push

Disney unveils price, launch date for big streaming push

Walt Disney priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription.

David Pollard reports.

0
shares
ShareTweetSavePostSend
 

Disney unveils price, launch date for big streaming push

BROADCAST AND DIGITAL RESTRICTIONS~** Broadcasters: FOR USE OF 'THE LION KING' TRAILER - MUST COURTESY WALT DISNEY PICTURES WITH NO ARCHIVE AND NO RESALES; MUST COURTESY APPLE/NO ARCHIVE/NO RESALES Digital: FOR USE OF 'THE LION KING' TRAILER - MUST COURTESY WALT DISNEY PICTURES WITH NO ARCHIVE AND NO RESALES; MUST COURTESY APPLE/NO ARCHIVE/NO RESALES~** The lion roars in the remake of a classic.

And so does its creator as Walt Disney lays down a challenge to the other big beasts of streaming.

At seven dollars a month, 70 dollars a year, it'll undercut Netflix when it launches its Disney+ video service on November 12.

Also announced on Thursday: one billion dollars to go into original programming in fiscal 2020, that'll double over four years.

And 60 to 90 million subscribers targetted by 2024.

It's a big ask: with nearly 140 million customers worldwide, Netflix is dominant.

And others will be biting at their heels: Apple unveiled a streaming and channels service last month.

Apple+ will feature content from Hollywood heavyweights like Steven Spielberg and J.J.

Abrams. AT&T's WarnerMedia is also planning a new service.

But what Disney is keen to stress it has is: a treasure trove of legendary titles.

Its presentation on Thursday featured this revamped blockbuster hit plus dozens of others - including Avatar and those gained with its 71 billion dollar acquisition of 21st Century Fox film and TV assets last month.

Highlighting Disney's hopes - that in the video jungle at least - content will be king.




You Might Like


Recent related videos from verified sources

Disney Shares Beat Estimates, 'Endgame' Streaming Date Revealed [Video]Disney Shares Beat Estimates, 'Endgame' Streaming Date Revealed

Reuters reports Walt Disney's theme parks' quarterly earnings surpassed Wall Street targets on Wednesday. The high earnings will help offset big investments used to support the company's major foray..

Credit: Wochit     Duration: 00:56Published

How Does Disney+ Impact Investors? [Video]How Does Disney+ Impact Investors?

At its annual investor day conference on Thursday April 11th Disney will unveil its Direct-to-Consumer video streaming service, Disney+. The new streaming service combined with ESPN+ and Disney's..

Credit: The Street     Duration: 03:14Published

Prices for Netflix Are About to Increase [Video]Prices for Netflix Are About to Increase

Prices for Netflix Are About to Increase The price hikes will go into effect the next time bills are sent to subscribers. Netflix is making the move as it shifts towards producing more original..

Credit: Wibbitz Top Stories     Duration: 01:10Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.