Disney shares jumped 6.4% in premarket trading Friday after the company announced its Disney+ video streaming service would be $6.99 a month, two dollars a month cheaper than Netflix.
Disney shares jumped 6.4% in premarket trading Friday after the company announced its Disney+ video streaming service would be $6.99 a month, two dollars a month cheaper than Netflix's basic subscription.
div > div.group > p:first-child"> "I'm pretty optimistic about the ability for this thing to work. Particularly when you make it accessible because of the content we're putting on, because of the user interface and because of the price," CEO Bob Iger told CNBC's David Faber in an interview Thursday.
If the premarket gains hold, it will be the best day for Disney since February 2015. Netflix shares traded lower by 1% on Friday. "Disney surprised on the upside at its investor meeting yesterday, providing more financial disclosure and revealing a more content rich streaming service than previously expected," J.P. Morgan analyst Alexia Quadrani said in a note to investors."In addition, management provided a target for Disney+ of 60m-90m subscribers by F2024, on the higher end of our expectations, which we believe were already above consensus."CNBC's Sarah Whitten contributed to this report.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Disney Laid The Groundwork For Disney+ Long Before Netflix Was KingTwo senior Disney executives predicted a seismic shift in the media landscape, and set the media company on a course to acquire entertainment brands. That will serve it well as Disney prepares to launch a streaming service.
Weiterlesen »
Disney revealed the details of its Netflix rival, Disney Plus, including price and release dateDisney finally revealed when its streaming service, Disney Plus, will launch, how much it will cost you, and new details about its original content.
Weiterlesen »
Disney Laid The Groundwork For Disney+ Long Before Netflix Was KingTwo senior Disney executives predicted a seismic shift in the media landscape, and set the media company on a course to acquire entertainment brands. That will serve it well as Disney prepares to launch a streaming service.
Weiterlesen »
Disney's $6.99-per-month streaming immediately makes it a value winner over NetflixDisney's $6.99-per-month price immediately makes it a value winner over Netflix and other rivals
Weiterlesen »
Factbox: Marvel, monsters and 'Mandalorian' coming to Disney+ appWalt Disney Co will unveil new details on Thursday about Disney+, a family-frien...
Weiterlesen »
As Disney prepares to unveil Disney+, chart suggests breakout from a four-year rutDisney shares have rallied nearly 9% since their late-March lows, and one technician says the charts suggest a bigger breakout.
Weiterlesen »
Disney announces Disney+ will launch November 12, at $6.99 a monthDisney’s event day gave investors the first real glimpse into the company’s streaming strategy, which is fueled by a cadre of powerful franchises like Marvel, “Star Wars,” Pixar and “High School Musical.
Weiterlesen »
Marvel, monsters and 'Mandalorian' coming to Disney+ appWalt Disney Co unveiled new details on Thursday about Disney+, a family-friendly...
Weiterlesen »
To Battle Netflix, Disney Goes for the Big Remake: ItselfDisney rose to the top of Hollywood on the strength of its ability to pack movie theaters and theme parks. Now it is betting that to stay on top, it needs to come to you—by launching a new streaming service built around popular franchises, from “Star Wars” to “High School Musical.”
Weiterlesen »
Disney’s Next Big Remake: ItselfThe entertainment giant rose to the top of Hollywood on the strength of its ability to pack movie theaters and theme parks. Now it is betting that to stay on top, it needs to come to you—by launching a new streaming service built around popular franchises, from “Star Wars” to “High School Musical.”
Weiterlesen »
Anime could give Netflix a major advantage against Disney in the streaming warNetflix will rely more on its original content as other companies like Disney start streaming services. Anime could give Netflix a major advantage.
Weiterlesen »