Disney's highly anticipated streaming service just got some extra bonus points. The streaming service, Disney Plus, will be launching later this year, and will include the entire Disney motion picture library. The company is positioning the streaming service to directly compete with the likes of Apple and Netflix.
Last year, according to a report from Variety, Disney CEO Bob Iger said that the company's main priority was to reach the core Disney fans and hinted that the service will be “substantially cheaper” than Netflix and the price won't increase until the content library did.
“We want to walk before we run when it comes to volume of content.” Furthermore, he said, “We have to put enough on to make sense from a price-to-value relationship perspective.”
It's expected that the plan price will be set cheaper than Netflix, which starts at $8.99 for the most basic package. It's likely that Disney might look to set the streaming service's price around $4.99 or $5.99 mark, which would pride a substantial discount from what Netflix offers.
In addition to having a cheaper price, Disney is planning to bring exclusive content, including a live action remake of Lady and the Tramp and a live-action Star Wars series called The Mandalorian. The service is also set to feature the new Star Wars: Episode X, which won't sit too well with Star Wars fans.