Disney announces price and date of new streaming service

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BURBANK, Calif.: Walt Disney Co on Thursday said its new family-friendly streaming service will cost US$7 monthly or US$70 annually with a slate ...

BURBANK, Calif.: Walt Disney Co on Thursday said its new family-friendly streaming service will cost US$7 monthly or US$70 annually with a slate of exclusive TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

Executives said they see opportunities to take its ESPN+ sport streaming video service to Latin America and are looking into international expansion of its Hulu streaming video business, which offers movies and shows targeted to adults. The Mouse House, as Disney is known, will join the market at a time when audiences are facing a host of choices, and monthly bills, for digital entertainment. Apple Inc, AT&T Inc's WarnerMedia and others plan new streaming services.

 

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