It was announced a little over a month ago that Disney would pull all their film properties from Netflix and start own streaming service. We didn’t get much details then except that the streaming service with launch sometime in 2019.
However this morning at Bank of America Merrill Lynch 2017 Media, Communications & Entertainment Conference, Disney Chairman and CEO Bob Iger gave us quite the update.
Iger confirmed a frequently asked question among fans “Will Star Wars and Marvel movies make the jump to the Disney Streaming Service?” And our answer is yes! I get did say before today that question was still up in the air.
Iger went on to describe what users can expect from the app, which will include both brand-new exclusive content and a library of favorites. According to Iger, the company will produce four to five studio-quality films to be released exclusively on the streaming platform. This, he says, will complement the studio’s tentpole strategy for theatrical releases by moving low-budget (but still quality) films to the new app. Additionally, new streaming-exclusive television series will be produced for the app.
In terms of a library, Iger did not share exactly how far back the service would reach. However, he did mention that the app would include a collection of shorts from the company and over 7,000 episodes of Disney television.
It was also announced that the new app will not include ads. A name for the app has not be given as of yet.