As of yet no pricing has been confirmed for the United Kingdom or other countries launching in Spring of next year, though at the moment the US Disney+ pricing seriously undercuts the biggest streaming service Netflix, so we expect that the United Kingdom costs will reflect this as well. The firm had revenue of $19.10 billion for the quarter, compared to the consensus estimate of $19.02 billion.
However, Iger did say that Star Wars will be a major player on the companies upcoming streaming service Disney+.
Liberty Wealth Management LLC reduced its stake in Walt Disney Co (NYSE:DIS) by 28.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
Disney+ costs $7 a month in the U.S., or $70 if you prepay for a full year.
Bob Iger, CEO of the Walt Disney Company, announced the agreement as part of a conference with investors, also revealing that the platform will reach LG and Samsung smart TVs. Disney shares were up more than five percent in after-market trading following release of the earnings figures. Disney owns "The Avengers", "Star Wars", "The Simpsons" and "Toy Story", among many other popular franchises. The firm's revenue for the quarter was up 32.9% compared to the same quarter a year ago. It will thereafter take a "hiatus" from "Star Wars" box office films but has an array of spin-off shows planned exclusively for its streaming service. Revenue for parks and resorts came in at $6.7 billion.
The Berlin Wall Fell 30 Years Ago The momentous event would ultimately bring the communist regime crashing down, leading to German reunification a year later. Merkel responded with unusual sharpness, saying Thursday: "I don't think such radical judgments are necessary".
Although extremely popular, these titles will be hard pressed to hold their ground in streaming against The Walt Disney Company and its legendary cartoon characters beloved by most Americans when they debut on November 12. In the rest of Europe, though, the service will become available only on March 31, 2020. Its films and TV shows will be available, along with the library it acquired from 21st Century Fox.
Directed by Leslie Iwerks, it's extremely well done, although stretching it into a series - as opposed to a feature-length documentary - is one of those luxuries that go with streaming that aren't always really necessary, or creatively beneficial. But, in a research note issued Friday, he also allows that this initial subscriber forecast might underestimate the size of the first year launch, given the additional detail on the timing of Disney+'s expansion to more worldwide locales, along with the likelihood of more telco bundles, he added.
Netflix's average spending top shows has jumped about 30% in the past year, content chief Ted Sarandos said in a post-earnings conference call October 17.
Iger mentions that 3 series are in the works for Disney+, but is it the three shows mentioned above, or is it three new shows, or some combination of the two?