Culture&Arts

ESPN Plus standalone service will start streaming in spring 2018

ESPN Plus standalone service will start streaming in spring 2018

There's at least one Marvel project in the works (this likely won't affect their Netflix shows...at least for now), a Monsters Inc. series, and, unsurprisingly, a Star Wars live action series. It is expected that all Disney content, including releases from Marvel, Star Wars, and Pixar, will eventually disappear from Netflix and be exclusively available to stream on the new platform.

After purchasing streaming company BamTech for $1.58 billion, Disney said it would offer content via its own on-demand service, rather than going through Netflix.

Disney's new streaming service might look like a rival to Netflix, but really, it's just a new friend.

Of course, for us fans, our minds immediately went to the Marvel Cinematic Universe. For years now, there have been rumors of Disney and Marvel making some sort of deal with 20th Century Fox that would allows the X-Men and Fantastic Four into the MCU.

Needham analyst Laura Martin said the success of previous acquisitions and the lower streaming-service price point "could be a key strategic driver for the acquisition of FOXA or another large and diversified film and TV library". Iger's newsy bombshells late Thursday sent slumping shares reversing higher, despite the media conglomerate's unexpected profit and revenue declines that initially hit the stock.

The news was announced by Walt Disney Company chairman and CEO Bob Iger during a quarterly earnings call with investors on Thursday.

In a step that will further cement Disney's strong position as a content powerhouse, Iger also unveiled a deal to develop a new "Star Wars" trilogy.