Friday April 19, 2019
Home Lead Story Disney Announ...

Disney Announces Launch of its New Streaming Service Called Disney+ to Take Over Netflix, Hulu

Disney now is also controlling 60 per cent stake in Hulu

0
//
DisneyLand. Image source: disneydose.com

Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will launch its new streaming service called Disney+ in November, at a price of $6.99 a month.

This comes after the entertainment giant sealed the deal on its $71 billion acquisition of 21st Century Fox.

“The linchpin of Disney’s streaming strategy, Disney+ will be an ad-free subscription service anchored by programming based on Disney’s biggest franchises, including ‘Star Wars’ and Marvel Studios, as well as original programming,” The Wall Street Journal reported on Thursday.

Enchanted Castle Shanghai Disneyland. Wikimedia Commons.

In some markets it would take much longer due to several factors, including the fact that Disney is still in the process of clawing back the rights to its content, sold to other streaming platforms before it had platform aspirations of its own.

“And because the firm has had its chequebook out lately — spending $70 billion on 20th Century Fox — Disney+ will also incorporate content from recently acquired companies, such as the first 30 seasons of ‘The Simpsons’,” the BBC reported.

Also Read- Chinese Video Sharing App TikTok Continues Its Dramatic Rise in India

Notably, with its acquisition of 21st Century Fox, The Walt Disney Company now owns Indian TV giant Star, a Mumbai-based media company with dozens of sports and entertainment channels.

Disney now is also controlling 60 per cent stake in Hulu. (IANS)

Next Story

Netflix Ready to Launch its First Radio Comedy Channel in US

Details of the audio channel’s expansion outside the US remains unclear as of now

0
Netflix.

Moving beyond online video content, Netflix is ready to launch its first radio broadcast channel called “Netflix Is A Joke” in the US from Monday. The channel will be available exclusively at number 93 on US-based satellite radio SiriusXM.

It will be a full-time comedy channel featuring bits from the streaming platform’s comedy specials, including performers like Ellen DeGeneres, Chris Rock and Dave Chappelle among others, The Verge reported on Wednesday.

“‘Netflix Is A Joke’ radio on SiriusXM will be an audio extension of our award-winning stand-up comedy on Netflix,” the report quoted Ted Sarandos, Chief Content Officer, Netflix as saying.

netflix
The new plans appearing on Netflix India’s website lists the weekly mobile-only plan for Rs 65, basic plan for Rs 125. Pixabay

“We are thrilled to feature some of the greatest and funniest performers in the world with highlights from Netflix shows as well as original programming that further celebrates the art of comedy,” he added.

The company also plans to produce an original daily show, “featuring celebrity guests and comedians discussing pop culture and hot topics of the day” as part of its audio-only line-up.

Also Read- Washington Offers Disadvantaged Children Access to Tennis

Details of the audio channel’s expansion outside the US remains unclear as of now.

With over 139 million global subscribers, Netflix is now available and popular in more than 190 countries around the world. (IANS)