ESPN Plus standalone service will start streaming in spring 2018

11 November, 2017, 01:57 | Author: Christina Harvey
  • Successful franchise Monsters Inc. inspired the 2013 sequel Monsters University and the more recent short Party Central

In addition to the Star Wars and Marvel series, CEO Bob Iger also announced the streaming service will be home to new series versions of Pixar's Monsters Inc. and High School Musical.

"We continue to believe Disney's IP will drive significant value over the next five years despite the decelerating pace of growth at ESPN and recent investments into direct-to-consumer products", wrote Piper Jaffray analyst Stan Meyers, calling Disney the "best positioned" to leverage its content amid a fragmented media terrain.

Iger spoke at length about the streaming service, which still doesn't have an official name, during an investor's call.

Of course, for us fans, our minds immediately went to the Marvel Cinematic Universe. "But man now I REALLY hope you like The Last Jedi".

Analysts said the lower price likely reflected Disney's relatively smaller content slate but that the move could help the service gain subscribers quickly.

Disney rose 2.9% to 105.64 in afternoon trading in the stock market today.

As it now stands, the rumors of a sale have made Fox and Disney shareholders alike happy - as of Friday alone, the Twenty-First Century division of Fox has seen an increase of 4% to their stock's value since the rumors first got out, and Disney has seen a more modest increase of 2.9%. The streaming internet giant broke out of a cup-with-handle base on October 5, with the catalyst being its plan to hike subscription rates.

The closest we've gotten to a live-action Star Wars series in the past were two poorly-received television movies focusing on the Ewoks from 1984 and 1985.



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