The Walt Disney Company is a multi-billion-dollar company and has produced classic favorites such as Cinderella, Hannah Montana and Peter Pan. Many childhood memories will be relieved by people being able to watch a plethora of Disney productions on their new streaming service.
About two years ago, Disney’s CEO Bob Iger announced that Disney would be expanding its empire and would introduce its own streaming service. With this shocking news, Disney fans leaped for joy as other streaming providers such as Netflix, Hulu and Amazon Prime do not provide a collection of Disney shows.
The service, called Disney Plus, will be released on Nov. 12, and include movies from studios such as Marvel, Pixar, Lucasfilm, ESPN, ABC, FOX and FX. However, since Disney is creating its own streaming channel, the company will pull all of its shows and movies from other channels.
With Disney Plus joining the competition of who is the better streaming service, what does this mean for Netflix, Hulu and Amazon Prime? The profits of these companies are predicted to go down while Disney’s empire is predicted to expand even more. With the popularity of Disney and its own studios rising, Netflix may suffer immensely.
To compare the two, the package for a Disney Plus bundle is $6.99 per month, while a Netflix subscription is $9 per month. Also, Disney Plus will offer an annual prepay bundle of $69.99 per year. For Disney fans, the best option is to purchase the annual bundle because it is cheaper than buying the monthly bundle.
According to CNET, “Netflix has been the first place to watch Disney’s movies with a subscription. That deal meant Netflix was the go-to place for the biggest US blockbusters of the last three years. The top two movies of 2017 and the top three movies of 2016 and 2018 were all from Disney, and Netflix has been the place to binge them all. But Disney decided against renewing that Netflix deal as it plotted its own competitor.”
Because the Disney Plus package is cheaper, consumers will be more easily persuaded to pick the cheaper option and possible drop Netflix all together, as Disney Plus does offer a wide variety of movies from different studios.
According to CNET, “Disney Plus will also offer unlimited mobile downloads for offline viewing. Subscribers can download to up to 10 mobile or tablet devices, with no constraints on the number of times a title can be downloaded.”
Additionally, Disney has the upper hand because many families with smaller children will purchase this package because of their young ones’ interest in Disney’s family friendly content.
“Even though all of Disney’s movies will stream exclusively on Disney Plus, the company doesn’t plan to debut any of its big-budget motion pictures on the service. That’s what’s known as a day-and-date approach, to release titles on the big screens and on a streaming service at the same time,” according to CNET.
Competing with Netflix will be hard considering that Netflix has classic movies and original series that are fun to watch. However, Disney Plus will also produce its own exclusive Disney Plus movies and shows. For example, Disney plans on releasing Monsters At Work, a fun spin-off of the Monster Inc. movies and the long awaited Loki movie. Disney Plus will also show all 30 seasons of The Simpsons.
CNET also says, “Disney Plus also will have original documentaries, reality shows, competition series, behind-the-scenes features, nature and adventure titles, animated programming — the list goes on. It may also be the place Disney premieres live-action short films that it’s creating in its Launchpad incubator program designed to elevate opportunities for filmmakers from underrepresented groups.”
To purchase Disney Plus, visit the Disney Plus website and choose any bundle.
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