Elaine Low on Cheddar Live: Disney's New Streaming Service

TL;DR
Disney is set to launch its own streaming service, offering a wide range of content including Marvel, Pixar, Lucasfilm, and Disney titles, as well as original shows and movies. It aims to compete with Netflix and Amazon Prime Video.
Transcript
all right well childhood favorites and new original content are soon going to be just a click away as Disney prepares to launch its own streaming service something that we're going to be paying attention to with these earnings later on there's still no name for it but it is expected to hit the web late next year competing with Netflix Amazon Prime ... Read More
Key Insights
- 🧡 Disney's streaming service will offer a wide range of content, including spin-offs, new series, and exclusive feature films.
- 🎴 Pricing will play a significant role in Disney's competition with Netflix, with Disney planning to offer a substantially lower price.
- 🐕🦺 The success of ESPN Plus, Disney's current streaming service, may provide insights into the demand for additional streaming content.
- 🐕🦺 Disney's streaming service could become a complementary platform to the existing streaming ecosystem, pulling in Marvel and Lucasfilm content from Netflix.
- 🇳🇨 The launch of new streaming services like New TV by Jeffrey Katzenberg and Meg Whitman shows the growing trend of OTT and direct-to-consumer platforms.
- 🐕🦺 Disney's streaming service has the advantage of established industry players investing in it, providing a boost to its potential success.
- 👾 The performance of highly produced short-form content in the mobile space is uncertain, given previous failures like Verizon's go90 platform.
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Questions & Answers
Q: What type of content can we expect on Disney's streaming service?
Disney's streaming service will feature content from Marvel, Pixar, Lucasfilm, and Disney, including spin-offs of popular franchises like High School Musical and monsters Inc. It will also include two Star Wars series, with one being live-action.
Q: How many exclusive feature films will Disney produce for the streaming platform?
Disney has promised to release four to five exclusive feature films each year on its streaming service. There are currently at least nine movies in production or development for the platform.
Q: How does Disney's streaming service plan to compete with Netflix?
Disney aims to make its streaming service substantially cheaper than Netflix, offering competitive pricing. Additionally, Disney has a vast library of content to draw from and plans to create thousands of episodes of new content.
Q: What is the potential impact of Disney's streaming service on Netflix?
While Disney's streaming service will be a strong competitor, it's unclear if it will be too late to challenge Netflix's dominance. However, Disney's well-established brand and extensive content library give it a competitive advantage.
Summary & Key Takeaways
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Disney's streaming service will feature spin-offs of High School Musical and monsters Inc, as well as two Star Wars series, including a live-action version.
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The platform will also offer exclusive feature films, with at least nine movies currently in production or development.
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Disney plans to make its streaming service substantially cheaper than Netflix, making it a strong competitor in the market.
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