Many have been anxiously awaiting details to be released about Disney’s new streaming service, Disney+. Details about the service have been kept under wraps. Hopefully, additional information will be made available during 2Q19. The Disney+ streaming platform is supposed to be shown off during an April 11 investor meeting. Maybe a launch date will be released shortly after?
Disney+ is anticipated to include original movies and TV shows from Disney’s Marvel, Pixar and more. It is also said to make its debut at some point during 2019. It will be the third streaming service to which the Disney company is connected. The other two are ESPN+ and Hulu, which will soon be majority owned by Disney. Disney+ will be geared more towards family programming.
Out of all the traditional media companies, Disney is taking the largest risk on streaming services. The purchase of 21st Century Fox for $71 billion will give Disney a number of additional assets in film, TV, and streaming. Their direct-to-consumer division also lost $738 million on revenue of $3.4 billion for the fiscal year ending on September 29, 2018. These numbers show the company’s investment in content and technology. They do not take into consideration the projected revenue from Disney+ nor ESPN+. The later was only introduced in April. That being said, Disney executives have been preparing its investors for what will most likely be a transitional year with the introduction of the new services.
I cannot wait until more information is released about the newest streaming service! What kind of programming would you like to see with Disney+? Let me know in the comments.
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