
Unlike Netflix, Disney Life will have a single app streaming books and music alongside movies and TV shows. The service is said to be priced at a monthly fee of £9.99 – higher than than those of rivals such as Amazon and Netflix.
“This is the future, in many respects,” Disney CEO Bob Iger told the Financial Times. “We’re seeing more and more opportunities to reach consumers directly and not through middlemen, and we’re seeing consumers wanting product in different ways.” The company also owns the rights to all Marvel Studio films and LucasFilm, but these will not feature on the service upon launch. Iger said, however, Disney Life could expand to include these if the service does well.- Why investors see Disney, and its consistent great performance, as stock “magic”
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