Netflix Doesn't Have to Lose for Disney to Win in Streaming
Disney's (NYSE: DIS) otherwise lethargic quarterly report on Thursday had a few encouraging nuggets about the streaming service that it plans to roll out in the second half of 2019. Unlike the over-the-top ESPN platform that the media giant plans to roll out in a few months, this more ambitious offering will feature Disney, Pixar, Marvel, and Star Wars films starting with the earliest pay TV window.
Disney also plans to produce four or five feature films and original shows that will stream exclusively on the service. Perhaps more importantly, Disney mentioned during Thursday afternoon's conference call that it will offer the direct-to-consumer platform at a price point that is substantially lower than Netflix, which is currently available for as little as $7.99 a month for its standard-def plan and $10.99 for its more popular multi-user high-def service.
Image source: Disney.
Source: Fool.com
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