Thursday, Sept. 7, 2017|6:27 p.m.
NEW YORK– “Star Wars” and the Marvel comic-book motion pictures will sign up with Disney’s upcoming streaming service, potentially providing it wider appeal beyond households with young children.
The Disney service will be the only place to stream those movies as needed in the United States as part of a regular monthly membership. (So, not on Netflix.)
A cost hasn’t been revealed yet. The service is anticipated in late 2019 after Disney’s existing handle Netflix ends.
Previously Disney revealed the addition of simply Disney and Pixar films and Disney TELEVISION shows. Adding the “Star Wars” and Marvel movies could make the brand-new service attracting teens and adults. The Marvel movies include the “Avengers” and “Guardians of the Galaxy” franchises.
The service will likewise have initial Disney films, TV series and shorts. Disney CEO Bob Iger stated thousands of TV episodes and hundreds of movies will be readily available, though shows from Disney’s ABC network aren’t pertaining to the service.
Disney said last month that it was thinking about moving “Star Wars” and Marvel to the brand-new service, however a choice wasn’t revealed till Thursday.
Disney did not say whether all the “Star Wars” films going back to the 1977 would be offered on the service, or all the movies in the Marvel universe. A spokesman had no immediate comment. Netflix also has a TELEVISION series based on Marvel characters, and Netflix said Thursday that relationship continues. Similar to the Disney and Pixar movies, Marvel and “Star Wars” motion pictures that play in theaters in 2018 will be on Netflix for U.S. viewers, and some films will be available into 2020.
Disney’s offering is one of numerous online film and TV choices coming from home entertainment and tech companies, with more in the works. Disney, for instance, is likewise launching an ESPN sports streaming service early next year. It won’t replicate what’s on ESPN, in the meantime, so it’s expected to be rather specific niche.
The company’s shares slid $4.05, or 4 percent, to $97.46 in Thursday afternoon trading. Financiers might have sold because Iger stated revenues per share for this fiscal year will resemble the level for the year that ended on Oct. 1, 2016. Wall Street analysts had forecasted growth.