Watch Out Netflix & Hulu, The Mouse Is In The House
Disney is making their new streaming service the “biggest priority of the company during calendar 2019”
A company that's worth over $150 billion, it’s no secret that Disney is seeking to maintain their position at the top of the entertainment world. Disney’s CEO Bob Iger has announced that Disney is coming out with a streaming service and it will be a crucial part of the company’s overall strategy.
The streaming service is un-named as of right now, but the business plan and model are already being talked about. The service is set to launch towards the end of 2019 and will feature exclusive Disney titles as well as original TV shows and films created for the service.
Disney has already started to develop new episodes of Star Wars: The Clone Wars, as well as a live-action Star Wars series. They are also working on shows based on both High School Musical and Monsters, Inc.
This streaming service is Disney’s answer to Netflix, which is estimated to spend up to $13 billion on original content for 2018. Iger has already said that Disney’s streaming service will be “the biggest priority of the company” for 2019.
With the large amount of movies and shows that Disney owns (both the Star Wars and Marvel franchises are Disney owned, as well as all of Disney’s classic movies from Lion King to Mulan), there’s really no doubt that this streaming service will have ample selection to choose from. Are you as excited as we are to have all of the best Disney shows and movies readily available online? Let us know what you think about Disney's new streaming service in the comments section below and be sure to subscribe to The Sitch for more Disney news and other entertaining reads.