The Disney + digital channel is coming to displays on November 12 and is expected to cost $6,99 per month.
Η company Walt Disney co. revealed yesterday the launch date of the new digital TV platform (just like Netflix) called Disney +, it will start on November 12 and the monthly subscription is expected to reach $6,99.
Η service will offer to fans of all ages entertaining shows featuring material from well-known genre companies including Disney, Pixar, Marvel, Star Wars and National Geographic, and will be available on connected TVs and mobile devices.
The WaltDisney Company, during yesterday's event, which took place in its Burbank Californias, it was also reported that it estimates that Disney+ will lose as much as $2020 billion in 2020, and will run at a loss from 2022 to 2024, before expected profitability in XNUMX. And apparently, the company is willing to lose all that money by waging war with Netflix (and all other competitors) until it establishes itself with a decent number of subscribers.
Netflix has a world of more than 139 million customers worldwide, but spends billions every year to produce original content, so price increases are reasonably expected.
If you want to stay informed about developments in the company you can subscribe to the newsletter from here.