Disney CEO Bob Iger declare that the company idea to price its forthcoming independent streaming service “substantially” lower than what Netflix costs.
While services like Hulu and Amazon Prime do their best to compete with Netflix’s current streaming power, it may just be Disney who symbolize the biggest threat that the streaming giant has ever encountered.
With the huge content library of Walt Disney Studios and ABC TV not to mention Marvel and Lucasfilm, Disney should theoretically have little difficulty drawing subscribers to a Disney-only streaming service.
The Disney media umbrella nearly got even outspread earlier this week, as it was announced that Disney had been in talks with 21st Century FOX about buying a large part of its company, including the FOX movie and TV studios.
This would have permit Disney the rights to another huge library of properties, which includes the X-Men, Fantastic Four,The Simpsons, and The X-Files.
While the 2019 launch of Disney’s streaming service is still a long way off, the company is wasting no time in firing a shot in the coming war against Netflix for streaming dominance.
As stated by The Wrap, Disney CEO Bob Iger declare on a conference call today that the “plan on the Disney side is to price [our streaming service] considerably below what Netflix is.”
While just how “substantial” the drop will be from what Netflix costs remains to be seen, Disney is obviously not fooling around when it comes to unveiling its streaming service.
During the call, Disney CEO Bob Iger said that “[the lower price] is in part reflective of the fact that it’ll have less volume” at launch.
Iger says that the service will launch with “a lot of high standard” titles, and will likely raised its price as more of the Disney library is made accessible. T
During the call Bob Iger also mention that the Disney streaming service will be ad-free, so anyone with concerns that the service would include ads should worry not, as Hulu’s base rank has ads, and Disney is a part owner of that service can rest easy.
For the meantime, fans can continue to wait not-so-patiently for the day Disney’s latest huge media enterprise launches.