Disney+ will launch in the US on November 12, 2019 for $6.99 per month.
Walt Disney Company CEO Bob Iger on the company's third quarter earnings call on Thursday also announced that Disney has reached a deal with Amazon to put Disney+ on Amazon Fire TV devices, as well as on Samsung and LG televisions.
The new service is created to compete with the likes of Netflix, Amazon Prime, and now Apple TV+, and will offer consumers more than 300 original series and movies from day one. Revenue for parks and resorts came in at $6.7 billion. Disney+ will cost $6.99 per month in the United States and users can pay $69.99 for an annual pass.
Amazon today announced that Disney+ - the upcoming streaming service from Disney that'll be home to everything from Star Wars to every Marvel movie to, of course, Disney fare - will be available on Amazon Fire TV devices on launch day, November 12. It also spent $70bn on 20th Century Fox in March, so is able to able to incorporate content such as the first 30 seasons of The Simpsons.
Disney, which will rival services including Apple TV+, Netflix, Amazon Prime and the upcoming Britbox, will feature many staples from its own back catalogue, including Snow White and the Seven Dwarves, Pinocchio, Dumbo and Bambi. Original Apple TV+ shows have so far been met with lukewarm early reviews, but the low subscription price and an offer of year-long memberships free with purchase of the company's devices was expected to encourage viewers to tune in. It will launch in the US on November 12th.
The result of that partnership is "Ultraman", a animated reboot of the classic Japanese show of the silver-suited hero battling giant monsters.
"Netflix will have to sustain investment into high-budget, Hollywood-like works and multinational content in order to set itself apart as other players join the market", said Masahiro Hasegawa, an analyst at HumanMedia.
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