Disney’s Streaming Service Disney+ Will House Stuff Traditionally Kept in the Vault

Disney fans may be excited to know that Disney+, the new streaming service from Disney, will include all of Disney’s entire motion picture library and will even have movies that are traditionally kept inside the vault.

The company’s CEO Bob Iger confirmed the news during the company’s annual shareholder meeting on Thursday.

The service is expected to be available to consumers by the end of this year.
The launch of the service, which will rival Netflix, will cost Disney $150 million because it will no longer be licensing its content to Netflix.

According to J.P. Morgan, Disney+ will be pretty popular. Analyst Alexia Quadrani told clients this week to expect that the service will eventually draw 160 million subscribers from around the world. Netflix has currently 139 million subscribers.

“While there is little question there are more direct-to-consumer services today than ultimately should survive, we have no doubt that Disney+ remains on the short list of products that should prevail longer-term,” Quadrani wrote in a note.

“Our confidence in the resilient success of Disney+ comes from the company’s unmatched brand recognition, extensive premium content, and unparalleled ecosystem to market the service.”

“Disney has already shown some disposition to forego short-term revenues in order to develop the streaming business, by pulling content from Netflix once its contract expires at the end of the calendar 2018 film slate,” Quadrani said. “While Disney management has not yet commented on a specific price, the company has stated that Disney+ will be ‘substantially below’ the price of Netflix.”

Disclaimer: We have no position in any of the companies listed and have not been compensated for this article.