Disney plots Star Wars series for 'Netflix killer'

New 'Star Wars' Trilogy in Works With Rian Johnson, TV Series Also Coming to Disney Streaming Service

Disney will increase its subscription price over time as its content grows, just as Netflix has. According to Variety, Disney CEO Bob Iger confirmed that the show will be be produced for the upcoming streaming service during a financial call.

Iger said in the call that Disney's platform would be "substantially cheaper" than Netflix, which now charges $10.99 / £5.99 a month for its basic package.

While Disney's moves to create its own solo platform and remove its content from Netflix surprised many, Chief Strategy Officer Kevin Mayer has insisted it is "not an anti-Netflix move, but a pro-Disney move".

Before Disney acquired Lucasfilm, George Lucas and Rick McCallum had been working a live action TV series with the title Star Wars: Underworld. All are destined for their planned streaming service and include a new live-action Star Wars series, a Monsters Inc.

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Disney shares rose 2% to $102.68 before financial results were released late Thursday, and they were up slightly in after-hours trading. The company plans on allowing commercials for its sports streaming app, but there are no plans to "have the programming that airs in the direct-to-consumer service interrupted by commercials", Iger says, adding sponsored programs could be a possibility. The next two fiscal years look good for the film slate as well, she notes, with a pair of Star Wars canon films yet ahead, and another trilogy on the way along with stand-alone films like Solo.

Content Filtering: The service will not feature "R" rated content. If you pay for cable, do you get to watch shows on ABC's site like you can now, or will they only live on Disney's streaming service?

What's more, it's been revealed that Disney had set its sights on the rival studio not just to complete their Marvel Cinematic Universe, but rather to also acquire the massive library of original programming put out by Fox's TV arm.

The specifics of Disney's new streaming service are still unknown. That being said, Disney Channel will also contribute films for the service. This will launch before the entertainment-focused service rolls out. A subscription costs £4.99 per month, and now, there are no plans to launch DisneyLife outside of Europe.

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