You are here: Home - Investing - Experienced Investor - News -

Disney unveils details for Netflix streaming rival

0
Written by: Danielle Levy
12/04/2019
Disney has revealed plans for a new streaming service, with a monthly subscription fee that is half the price of Netflix.

It has been a long time in the making but Disney has finally revealed details for its new streaming service called Disney+. It is due to launch on 12 November in North America and will be rolled out across other markets over the next few years.

Viewers will be able to stream content produced by Disney, alongside other entertainment brands such as Pixar, Marvel, Star Wars, National Geographic, Hulu, Hotstar and ESPN. It will be possible to stream content on mobile, tablet and smart TVs.

Disney+ will be priced at $6.99 (£5.34) per month – a pricing point that has surprised a number of analysts who expected it to be closer to $10 per month. It will cost $69.99 for those who wish to sign up on an annual basis.

In contrast, Netflix’s standard monthly subscription is $13 per month.

The launch of the service has been a while in the making because Disney had to cancel contracts with other platforms. For example, the Financial Times pointed to estimates that Disney could lose $150m in licensing money per year by withdrawing its content from Netflix.

Commenting on the launch of the streaming service, Disney chief executive Bob Iger said: “Disney+ marks a bold step forward in an exciting new era for our company—one in which consumers will have a direct connection to the incredible array of creative content that is The Walt Disney Company’s hallmark.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
Five ways to teach your kids about saving

In order to mark ‘Teach Your Children to Save’ day, The Share Centre’s chief executive Richard Stone shares his top...

Close