ibusinesslines.com
ibusinesslines.com August 16, 2018


Not the Streaming Deal ‘Star Wars’ Fans Are Looking For

08 August 2018, 08:52 | Myron Mathis

Disney's upcoming streaming service could contain a 10-episode, $100 million Star Wars show

Disney's live-action Star Wars series could cost whopping $100M

That means that the first Marvel film to jump straight to the Disney service without a Netflix pitstop will be March 2019's Captain Marvel.

Disney's streaming service is expected to launch in mid to late 2019.

"We're obviously very excited to leverage the Fox assets to enhance and accelerate our DTC [direct to consumer] strategy". Disney is awaiting regulatory approval overseas. Some reports have said it could be as cheap as $5 a month. That ultimately gives Disney more data to gauge its audience.

Iger noted new Marvel shows are being planned for the upcoming Disney streaming service, which will launch later in 2019, and that the company is heavily focused on the app. These contracts will need to end before they can appear on the new Disney streaming service. "There will be a significant amount of support given across all of our assets to see to it that the product launches successfully".

The rights to all "Star Wars" films released so far are already.

Net attributable income rose 23% to $2.92bn (£2.25bn), or $1.95 per share, in the period ended 30 June, from $2.37bn (£1.83bn), or $1.51 per share, a year ago.


Overall, Disney posted earnings of $1.87 per share excluding certain items, an increase from a year earlier, but below Wall Street's average forecast of $1.95, according to Thomson Reuters I/B/E/S.

On an adjusted basis, Disney earned $1.87 per share, below estimates of $1.95 per share.

Revenue rose 7 percent to $15.23 billion - also missing forecasts.

An upcoming Star Wars TV show might be quite expensive. Disney's television networks also saw gains, including at ESPN, despite the higher National Basketball Association costs and lower advertising revenue.

That is unless he was one of Thanos' victims who also vanished into dust.

Shares of Disney, which have climbed almost 9 percent so far this year, slipped 1.1 percent in after-hours trading on Tuesday to $115.45. In after-hours training, Disney's stock fell 49 cents to $116.07 (roughly Rs. 8,000). In the final minutes of trading on Tuesday, shares hit $116.56 (roughly Rs. 8,000), an increase of nearly 10 percent from a year ago.



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