Heres what every major analyst said about Disneys earnings and its new streaming service
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A Star Wars: Rogue One Hero Is Back In A Live Action Disney+ Show
IGN News / 8 Nov 2018 2:40 PM PST Disney Streaming Service Name Revealed Share. Disney+ will launch in late 2019. By Adam Bankhurst Disney Chairman and CEO Bob Iger has revealed that Disneys upcoming streaming service will be called Disney+.
Announced during a live audio webcast of Disneys fiscal full year and fourth quarter 2018 financial results, Iger confirmed the name of Disney+ and that it is still scheduled to launch in late 2019.
“Relative to Goldman Sachss estimate, a 1% operating income miss was more than offset by a lower-than-expected tax rate. The operating income miss was driven by Theme Parks, partially offset by beats in Studio and Broadcasting. … The Studio beat was driven by higher-than-expected international theatrical revenue and international content licensing, while the Broadcasting beat was driven by program licensing. Ironically, much of this quarters upside and growth was driven by the licensing of film and TV content to third parties, and much of the earnings call focused on Disneys strategic shift to direct-to-consumer, which will de-emphasize these wholesale revenue streams.”
Alongside the name announcement, Iger confirmed that a second Star Wars live-action series was in development at Lucasfilm for Disney+ and that it will be a prequel to Rogue One: A Star Wars Story.
“With fiscal fourth-quarter results ahead of estimates driven by Studio and content licensing, the Fox transaction likely closing earlier than expected, and an April investor day planned to lay out specific plans for Disneys streaming ambitions, we reiterate our bullish outlook for shares. … Direct-to-consumer (DTC) strategy ramps in FY19 ahead of Disney Plus launch, more clarity on financial impact forthcoming: The broader financial impact of Disneys direct-to-consumer streaming plans will depend on the timing of deal close with Fox, but independently Disney continues to invest in content for both its ESPN Plus and Disney Plus products.”
Diego Luna will return as Cassian and “the spy thriller will explore tales filled with espionage and daring missions to restore hope to a galaxy in the grip of a ruthless Empire.”
“Disney fiscal fourth-quarter results were well ahead of expectations, as strong Studio and Media Networks were partially offset by softer Theme Parks. All-in, DIS rev. grew +12% and segment operating income grew +17%, exhibiting significant operating leverage. Key drivers include: (1) better Cable Network operating income as a -6% decrease in ESPN adv., BAMTech dilution and higher prog. were partially offset by +5% affiliation fee growth, (2) strong Broadcasting operating income as retrans/political were aided by strong licensing (Blackish / Runaways / Cloak & Dagger / Iron Fist), (3) soft equity on greater Hulu losses / A&E drag.”
Iger also revealed that the rumored Loki live-action series, starring Tom Hiddleston, is in development at Marvel Studios and will also launch on Disney+ in the future.
Walt Disney Imagineering Docu-Series Coming to Disney+
When it launches in 2019, it will be the exclusive home of Star Wars movies from 2019 and beyond and every Marvel Movie after 2019s Captain Marvel.
“It’s not quite ready for primetime,” he said. “It’s still being iterated. But it will be elegant and it will be very brand-centric.” He also said that Disney+ will feature navigational features “that typically don’t exist” and that it will “super serve the most ardent fans of those five different brands by creating experiences and environments customized and personalized to those brands.”
New Disney+ Website Previews the Upcoming Streaming Service
As for the previous films, Disney wants to buy back the TV rights to Star Wars films from AT&Ts Turner Broadcasting as Turner has rights to them until 2024.
Adam Bankhurst is a news writer for IGN who loves Disney, Star Wars, and Marvel so obviously cant wait for Disney+. You can follow him on Twitter @AdamBankhurst.
The Walt Disney Company has launched a website previewing Disney+, its premiere direct-to-consumre streaming service launching in late 2019.
Disney has been rumored to be working on its own streaming service for a little while. The company’s CEO has now made things official on its latest earnings call, giving the streaming service a name.
Disney+ will be home for all of Disney’s movies and shows going forward. The company’s streaming service will feature content from some of its most popular brands, including Marvel, Star Wars, and Pixar.
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Disney+ will first launch in the United States next year. It will feature content from Marvel, Star Wars and Pixar, so it will be the home for all of Marvel’s superhero movies and Star Wars movies.
Perhaps this Cassian Andor series is the solution. Sure, doing more Star Wars content is a financially smart move, but I have to believe Jabba—and the renewed opportunity to caress him—was a deciding factor. I cant imagine Jabba didnt come up during negotiations, and Im certain it is now in Diegos contract that his character get an opportunity to cross paths with—and potentially gently rub against—Jabba the Hutt. Or at least another Hutt, since the villains just one member of a slug-like alien race; all of the Hutts textures should be analogous. (Lucasfilm did not respond to inquiries about whether Diego Luna would be allowed to touch Jabba the Hutt.)
Like Netflix and soon Apple, Disney will develop original content for Dinsey+. To name a few, the company is working on Marvel’s “Loki” show featuring Tom Hiddleston for Disney+. Star Wars’ “Rogue One” is getting a prequel series as well, and exclusive movies like “Noel” featuring Anna Kendrick, and an original animated series based on Pixar’s “Monster’s Inc.” will land on the service, reports CNBC.
Disney+ streaming service launches late next year with new Star Wars, Marvel series
Disney+ will have a lot of content from Marvel and Star Wars alone, though it still won’t have the same range of diverse content that’s found on Netflix. Still, if you are a Marvel or Star Wars fan, the removal of the movies on Netflix might force you to get a subscription to Disney+. And that’s definitely a problem for many — with Apple working on its own streaming service, you may soon see yourself subscribing to a bunch of streaming services.
Hulu offers a ton of original content that receives both critical acclaim and fan praise, but unfortunately the streaming service is unavailable outside of the United States.
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But with Disneys purchase of 21st Century Foxs entertainment being finalized next year, Hulu will likely be offered internationally.