In light of Thursday’s news that a live-action Star Wars TV series will be making its way to Disney’s upcoming streaming service, interest in the platform is at an all-time high. According to CEO Bob Iger, fans will not need to break the bank to take part in the viewing experience.
“Our plan on the Disney side is to price this substantially below where Netflix is,” Iger said on Disney’s Q4 earnings call. “That is in part reflective of the fact it’ll have less volume.”
Netflix subscriptions currently range between $7.99 and $13.99 a month, and while Iger had stopped short of revealing a planned price point, one cannot help but wonder if this streaming service will fall somewhere in line with CBS All Access’ base subscription plan, which prices in at $5.99 a month.
Announced in August, Disney’s streaming service “represents a big strategic shift for the company.” Disney plans to make a “significant investment” in their original movies and series that will be available only on this platform, and to help power it, the company has bought a 33% stake in BAM Tech for $1.58 billion.
Disney’s streaming service is scheduled to arrive in 2019.