Disney steamer will be priced lower than Netflix

Joann Johnston
November 14, 2017

Disney finally announced some information about their new streaming service, and it will be cheaper than Netflix, according to a report from Quartz. That is in part reflective of the fact that it will have substantially less volume. Disney CEO Bob Iger outlined the plan for the streaming service in their earnings call last week.

In the increasingly competitive streaming space, it is no surprise that Netflix is looking to make original content comprise half of its entire catalog by the end of 2018 and is spending $8 billion to reach that goal. If it's more than $5, it's not "substantially below" Netflix's prices.

"Netflix sent me an email saying my prices are gonna change next month", Slim Ave wrote, including a crying emoji in his tweet. And by over we mean you have a couple of years more to watch them on that streaming service.

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The service will launch with "around 500 films from the Disney library... in addition to around 7,000 episodes of Disney TV"(R) shows. That is because Disney plans to release their own video on demand streaming service by 2019. Aside from movies and TV shows, they will also be working on new, original content based on their current properties, including a much-awaited live-action Star Wars series. As a result, Netflix will lose a significant number of popular Disney titles, including Star Wars: Rogue One - as well as only popular Pixar and Marvel content.

Netflix is the current streaming leader, but Disney's entry could present some challenges.

Iger admits the pricing is such because at launch it won't have the content. They will definitely offer some promotions or other perks for those who sign up early.

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