Disney Streaming Service Expected To Benefit Following Fox Merger
It's a Walt Disney World, we're just living in it. The House of Mouse's recent announcement about its streaming service Disney+ has led to speculations that the company will be cashing in as soon as the Fox merger is completed.
The Walt Disney Company recently confirmed that the streaming service will be aptly called Disney+. The announcement also revealed major plans for new shows which include a Loki spinoff series from Marvel Studios as well as a Star Wars spy thriller focusing on Diego Luna's Cassian Andor. Interestingly, the service will be launched in late 2019, which is about the same time that Disney will finally acquire 20th Century Fox.
The timing didn't go unnoticed. According to CNBC, analysts believe that "New Disney can deliver healthy growth while executing on a successful transition into the streaming future of TV." It might also explain why Disney decided to pull the plug on Marvel's Netflix shows Iron Fist and Luke Cage.
Some believe that Disney is planning to remove all of its content from other streaming services like Netflix and Hulu. This would mean that all Disney content will only be available on Disney+. Needless to say, the company's own streaming service is expected to dominate by next year.
One of the first projects confirmed for Disney+ is Jon Favreau's Star Wars series The Mandalorian, which is currently in production. The show is expected to be one of the major projects that will test the streaming service's power. In addition to that, the seventh season of Star Wars: The Clone Wars is set to premiere on Disney+ in 2019.