It is no secret that Netflix has been a monumental success. But as of next year, the streaming service will have to contend with another major streaming competitor, Disney — although I don’t know if “Disney and Chill” will have the same ring to it as its streaming predecessor, and if anything, it sounds kind of creepy.
Anyways, the point is, although there are already an array of streaming services for us to choose from — such as Hulu, Amazon, DC Universe, HBO Now, CBS All Access, and many more — the creation of a Disney streaming service could be a game changer.
People know Disney as the distributor of some of our most beloved childhood films. Yet, some are unaware of just how many companies Disney actually owns. To put this whole announcement in perspective, in discussing the development of Disney’s streaming service in an interview with The Hollywood Reporter, Disney CEO, Bob Iger stated,
“It will have the entire output of the studio, animation, live action at Disney, including Pixar, Star Wars and all the Marvel films.”
Iger’s statement illuminates how most popular and beloved fan franchises are inextricably tied to and owned by Disney.
With last year’s announcement of Disney terminating its distribution deal with Netflix, it is no surprise that the media conglomerate has decided to capitalize on the way we now consume media and enter into the market by creating its own streaming service.
With Marvel’s Cinematic Universe continuing to dominate the box office every year, there are no signs of audiences growing tired of the superhero franchise.
What we know so far is that Captain Marvel will be the first film to be released on Disney’s own streaming service. It is a highly anticipated film that will mark Oscar winner Brie Larson’s entry into the Marvel Cinematic Universe.
To add, the streaming service will include major titles such as, Toy Story 4, Frozen 2 (just when we got the lyrics to “Let it Go” out of heads), the live action version of The Lion King with major stars attached, the Avengers 4 and finally, Star Wars: Episode IX.
Plus, already having ownership of Pixar and Lucasfilm, the development of the streaming service will instrumental shape future productions from these companies, leaving me personally to speculate that these franchises will eventually turn into a serial form.
Netflix will not have to immediately relinquish all of the Disney titles it distributes.
Though Netflix recently canceled two of their Marvel series, Luke Cage and Iron Fist, it also just launched the third season of Daredevil, The Punisher and ordered a third season of Jessica Jones.
There hasn’t been an official announcement as to what Disney’s streaming service will cost for subscribers, but Disney’s CEO Iger stressed that the cost would be lower than Netflix’s monthly subscription fee.
In short, there will be some transition time for Netflix before it has to contend with The House of Mouse later next year.