At a cost of $6.99/month or $69.00/year Disney
(DIS 112.25 +6.04 +5.69%) announced it’s online streaming content at it’s investor conference yesterday.
Expected to launch in November, Disney expects all of the Pixar library, all of the Star Wars movies/shows, a lot of the Marvel universe, including exclusive streaming of Captain Marvel and much more. They’ve added a nice little ticker to their site counting down to launch date.
Disney’s stock is up 10% this morning despite also announcing it will be losing billions of dollars over the next few years and does not expect profitability until 2024.
(NFLX 526.27 -21.26 -3.88%) announced a rate hike and is off a little over 3%.