New Speculation On Setting For Jon Favreau's Star Wars TV Series

Disney's upcoming streaming service could contain a 10-episode, $100 million Star Wars show

Disney's upcoming streaming service could contain a 10-episode, $100 million Star Wars show

Disney is hoping they can use their Pixar, Marvel, and Lucasfilm libraries, along with NatGeo to build on an already extensive library of shows and movies from Disney.

As Iger explained, it will take time for Disney to get everything on their exclusive service, especially since many properties, like every Star Wars film released prior to the streamer's launch, still have distribution deals with other outlets.

The majority of the 30-minute Q&A session was about Disney's new streaming service which is set to compete with Netflix.

Yesterday, Disney's CEO Bob Iger opened up about their new on-demand streaming service during Disney's 2nd quarter earnings call. While Disney owns numerous strongest brands in the entertainment industry, the service will also take into account its lower volume of content for the service's yet to be revealed price point. The studio entertainment division provided much of the uplift, with revenues growing 20% to US$2.9 billion.

Disney is gearing up to release their new streaming service, and it looks like they will be giving Netflix and Hulu some very powerful competition.

China Plans Tariffs on $60 Billion of U.S. Goods
China immediately expanded its own list of types of US products to be tariffed, including farm products, cars and crude oil. Secretary of State Mike Pompeo at a meeting of the Association of Southeast Asian Nations (ASEAN) in Singapore on Friday.

It's been one of the bigger mysteries surrounding Disney's upcoming streaming service: what's going to happen to all those Marvel Studios movies now on Netflix?

On the small screen, Deadpool and similarly mature content appear destined for Hulu, which Disney said earlier Tuesday (via Variety) will likely serve as the designated landing spot for R-rated entertainment in its corner of the streaming space. Iger made it clear that this service will not be huge right at the start, but it would continue to grow over the months and years following its launch.

On an adjusted basis, Disney earned $1.87 per share, below estimates of $1.95 per share.

Total revenue rose 7 percent to $15.23 billion, but missed analysts' average forecast of $15.34 billion.

Disney raised its offer for the assets in June from $52.4bn to $71.3bn and also for the first time made an alternative available to Fox shareholders who would rather receive cash instead of Disney shares. Gains in products related to the Avengers weren't enough to offset lower revenue from "Spider-Man" and "Cars". In after-hours training, Disney's stock fell 49 cents to $116.07 (roughly Rs. 8,000).

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