Walt Disney to Roll out Streaming Service By November

The Walt Disney Co. has unveiled its new streaming service. The streaming service is called Disney+ and it will be launched in November this year. The move by the entertainment company comes after it took over 21st Century Fox for $71 billion.

Sources familiar to the matter said, the most important part of the company’s streaming plan is that the Disney+ will provide ad free contents to its users and the contents will be anchored by the company’s franchises such as Marvel Studious and Star Wars including the original programming.

The users can gain access to the new service by paying $6.99/ month.

Disney will also incorporate contents such as the first 30 seasons of 'The Simpsons from 20th Century Fox.

People familiar to the matter said, users can stream Disney+ through their tabs, web browsers, smart TVs, mobile devices, and game consoles. Disney+ has also signed deals with Sony and Roku for availability on respective platforms.

Coming to the contents, Marvels could release new series based on characters from the popular comic Avenger of Falcon.

Currently, there are few projects that are on the development phase. The projects are based on Loki and Hawkeye, Monsters, Inc. show, a High School Musical show, and a Star Wars series focusing on a bounty hunter, called The Mandalorian.

The new service by Disney will challenge other streaming giants such as Hulu and Netflix.