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Disney releases new details on its streaming service

Posted at 7:22 PM, Apr 11, 2019
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FILE – In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. (AP Photo/Richard Drew, File)

SAN FRANCISCO – Disney says its new video streaming service, called Disney Plus, will launch on Nov. 12 with a $6.99 price tag.

It offers new competition for services like Netflix, HBO Go, and Showtime Anytime. Disney owns a controlling stake in streaming service Hulu.

In a series of tweets Thursday afternoon, Disney announced new details of the service, including movies that will be available immediately after it launches and within the first year of the service.

The service will include movies and series from Disney-owned franchises, including Star Wars, Marvel, and Pixar, as well as new original series from those franchises.

Disney says in the first year of the DisneyPlus service more than 7,500 episodes and 500 films will be available in the library.

Subscribers will also be able to download content from the service to make it available offline.

Disney ended a lucrative licensing relationship with Netflix in order to create the streaming service and faces challenges as it builds a service to compete with the entrenched streaming leaders.