It's coming in 2019
Iger talked investors through the planned streaming venture on Tuesday (August 8), saying that the platform might be more affordable due to the fact that its library won’t be as large.
As Variety reports, Iger noted that the company’s pricing will reflect its “lower volume” of content with some notable omissions.
Films from the Star Wars franchise, for instance, will not be available if they were released before 2019, since they have been licensed to other distributors.
“The marketing will make clear that it’s not going to be on there,” said Iger.
“But Star Wars movies that come out in 2019 and later, you’ll find them there.”
Disney has acquired much of Fox’s film and television assets and has also ended several licensing deals in order to compete in the streaming market.
Several original films will be made exclusively for the Disney service, for example a remake of Lady and the Tramp.
Major Disney brands such as Pixar, Marvel, and Lucasfilm are hoped to be included in the service.
Iger added that he expects the service arrive near the end of 2019.