Disney plans new 'Star Wars,' Marvel series for new streaming service

New trilogy The new movies will be completely separate from the so-called Skywalker saga on which the current films are based

Disney is also planning to create original films, TV shows, short-form content and more for the service.

It's also working on a new "Star Wars" film trilogy.

It has been announced that Disney will be bringing a new Marvel series to its streaming service that is scheduled to launch in late 2019. Rian Johnson, the writer-director of this December's "The Last Jedi", is developing "a brand new Star Wars trilogy" for Disney, the CEO said. According to Variety, Iger has said that Disney is now working on shows based on Monsters Inc., High School Musical, as well as a new series from Marvel. Parent company Disney has become a financial and cultural juggernaut because of the delicate balancing act it performs with its many subsidiary companies and its vast portfolio of properties.

According to The Wrap, Disney CEO Bob Iger says "Our plan on the Disney side is to price this substantially below where Netflix is", which now charges between $7.99 and $13.99 a month in the U.S., and between £7.49 - £8.99 in the UK.

The Walt Disney Co. has galactic plans for its Star Wars franchise, and those are coming with a big bill. Apple committed to a two-season order of 20 episodes total of the untitled series that will center on the lives of morning TV news stars. Revenue fell 3 percent to $12.8 billion, while net income dipped 1 percent to $1.75 billion. The downdraft from bad weather, lower ad sales and a tough year for movies was too powerful even for Disney, which counts on TV, theme parks, consumer products and its famous studio to fuel growth.

As for its cable networks, operating income decreased US$15 million to US$1.2 billion due to a decrease at Freeform and partially offset by growth at the Disney Channels due to higher program sales. Results for its ESPN sports network remained flat as higher programming costs and lower advertising revenue were offset by higher affiliate revenue.

The film studio business saw revenues decline 21% as Cars 3 didn't perform as well as Finding Dory did a year ago. Iger declined to comment on the circulating rumors during the company's earnings call.

Related news:

Hot News

isis-killer-beheading-video-story-top Three Chinese students injured in French vehicle attack
Nov 11, 2017 - 01:24
In July past year , a Tunisian man ploughed a 19-tonne truck into a crowd in the southern city of Nice, killing 86 people. A 23-year-old is more seriously injured, a young man and another girl, aged 22 and 23, have lighter injuries.

isis-killer-beheading-video-story-top Fidget spinners sold at Target contain lead, reports say
Nov 10, 2017 - 01:21
Awful timing for Target just before the holiday season, as it faces a major problem with its hugely popular fidget spinner supply. Lab tests also revealed that the center of the metal version of the same spinner contained 1,300 ppm of lead.

isis-killer-beheading-video-story-top Louis CK's Movie Premiere Canceled in Advance of NY Times Story
Nov 10, 2017 - 01:12
Corry says she made a decision to go on with the show, because she didn't want to be the person who stopped production. The comedian's publicist, Lewis Kay, told the Times in an email, "Louis is not going to answer any questions".

isis-killer-beheading-video-story-top USA carriers will begin drills in rare show of force
Nov 10, 2017 - 01:09
The exercise announcement comes as President Donald Trump arrived in China to discuss North Korea's nuclear and missile program. Pacific Fleet has a determined and steady presence throughout the region, conducting operations for more than 70 years now.

isis-killer-beheading-video-story-top Eurozone growing at quickest pace in 10 years, European Union forecast says
Nov 10, 2017 - 01:07
High households' indebtedness and increasing debt burdens , could also affect consumption growth. This is substantially higher than that expected in the spring forecast for 2017 (1.7 pct).

isis-killer-beheading-video-story-top Over 25000 People Have Signed a Petition to Free Meek Mill
Nov 09, 2017 - 01:45
DeSimone could not be reached for comment and DeSantis said she could not comment because the proceeding was sealed. Brinkley said she had given Mill multiple chances but he hasn't complied. "She showed up and sat at the table".

isis-killer-beheading-video-story-top Soon, There Will Be A Harry Potter Version Of Pokemon Go
Nov 09, 2017 - 01:41
In the books and films, a Portkey is an enchanted object that can instantly bring anyone touching it to another location. The makers of the once immensely popular Pokémon Go are now making a Harry Potter AR game, Tech Crunch reported today.

isis-killer-beheading-video-story-top Apple Lands New Reese Witherspoon and Jennifer Aniston TV Show
Nov 09, 2017 - 01:40
Michael Ellenberg, the former head of drama at HBO, will also be an executive producer. The new series marks a TV reunion for its stars, and Witherspoon seems thrilled.

isis-killer-beheading-video-story-top Twins' Buxton, Dozier win Gold Gloves
Nov 09, 2017 - 01:40
Hall of Famer Andre Dawson is the only other outfielder in franchise history to win the award a couple of times (1987 and 1988). Gordon previously won four straight Gold Gloves during 2011-14. " Obviously, five, it's a pretty special number ", he said.

isis-killer-beheading-video-story-top Former Yahoo CEO: Stronger Defense Couldn't Stop Breaches
Nov 09, 2017 - 01:25
Verizon, the largest USA wireless operator, acquired most of Yahoo Inc's assets in June, the same month Mayer stepped down. Mayer volunteered to testify on data breaches, but only after being subpoenaed.

isis-killer-beheading-video-story-top Teddy Bridgewater Activated from IR; Sam Bradford Placed on IR After Surgery
Nov 09, 2017 - 01:24
Sources told ESPN that the Vikings expect Bridgewater to transition back to his starting role at some point this season. The Vikings are 6-2 and now hold a two-game lead on their closest competition in the NFC Nort.

isis-killer-beheading-video-story-top Alcohol consumption increases risk of seven types of cancer, claim doctors
Nov 09, 2017 - 01:22
The statement provides evidence of a connection between light drinking and an increased risk of esophageal and breast cancer . Drinking is linked to 3.5 percent of all cancer deaths in the USA , which is about 21,000 Americans every year.

isis-killer-beheading-video-story-top The US Is Officially The Only Country Against The Paris Climate Agreement
Nov 09, 2017 - 01:21
The news about Syria came during the second day of the United Nations' Climate Change Conference in Bonn , Germany. President Trump announced in June that he would pull out of the climate agreement to put "America First".

isis-killer-beheading-video-story-top Suns trade Eric Bledsoe to the Bucks for Monroe and picks
Nov 08, 2017 - 01:48
Consider that the Minnesota Timberwolves traded Ricky Rubio last summer for a first-round pick and no salary in return. While he's got more tools at his disposal, the pressure on Kidd to win now surely ratchets up following this trade.

isis-killer-beheading-video-story-top 'Black widow' Kakehi sentenced to death
Nov 08, 2017 - 01:10
A court-appointed physician said a year ago that Kakehi's case of dementia was mild and that she was fit to stand trial. They accused her of plotting her crimes well in advance, including helping to prepare notary documents linked to wills.