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'Star Wars' and Marvel Movies Will Headline Disney's Streaming Service

'Star Wars' and Marvel Movies Will Headline Disney's Streaming Service

Iger confirmed Marvel and Lucasfilm movies will move from Netflix to the Disney streaming platform, set to launch in 2019.

According to The Wrap, Disney CEO Bob Iger announced the content plans for the upcoming service at the Bank of America Merrill Lynch conference in Beverly Hills on Thursday.

Some of Netflix's more popular original shows are the ones it's produced with Marvel - series like "Daredevil", "Jessica Jones" and "Luke Cage". There is also a chance that worldwide versions of the service will launch before the US launch due to streaming rights clearances. Families with children aged toddler to teen would arguably have much more incentive to pay for a Disney streaming service that could offer animated fare and TV content for kids, and fantastical superhero and sci-fi content for teens, than the more adult offerings of Netflix.

Iger added the service would debut with a few original Disney movies and series. At the time, many thought that meant only Disney and Pixar features, with Marvel and Star Wars continuing to stream at Netflix.

Disney earned $5.72 per share a year ago.

Prosecutors: Sen. Menendez 'sold his office' for ritzy trips
Menendez denies any wrongdoing and said outside the courthouse Wednesday that he never "dishonored" his public office. Saloon Melgen, 59, is a Florida ophthalmologist and Dominican native who settled in the United States in 1980.

Delhi: Building collapses in Sadar Bazar area; eight fire tenders at spot
Like other bravehearts, Ali climbed the colony's iron barricade and jumped into the water to rescue those trapped in the cars. The Fire Brigade and National Disaster Response Force teams arrived later and fished out vehicles with the help of cranes.

U.S. successfully tests shooting down ballistic missile
The military has conducted three tests in total, but during a test in June, the interceptor failed as a result of human error. Sailors aboard the destroyer USS John Paul Jones tracked it with radar and fired an interceptor missile to shoot it down.

That said, this could ultimately force fans to chose between Disney and Netflix.

Disney will also next year launch a direct-to-consumer ESPN sports service. However, it still does not answer the question of what will happen to shows on ABC, Disney Channel, Disney XD.

Investors weren't pleased at all with the EPS outlook, as Walt Disney Co shares were trading at $96.41 per share on Thursday afternoon, down $5.09 (-5.01%).

Successfully launching the new digital services is one of Mr. Iger's two top priorities in the remaining two years before his planned retirement in 2019, he said, along with lining up a successor for his own job. The disposition of the Star Wars and Marvel movie franchises has not been announced previously.

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