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Posted: 2018-11-09 10:46:39

Disney's new streaming service, called Disney+, will be launching late 2019. And the entertainment company is banking on Loki, Cassian Andor, and other characters in its vast portfolio to lure fans away from streaming champ and soon-to-be rival Netflix.

Disney CEO Bob Iger spilled the beans on Thursday during an earnings call with investors. The new direct-to-consumer streaming service will be built around Disney's venerable namesake studio, along with Pixar, Marvel, the Star Wars franchise and also National Geographic. What's more, through the recent $71.3 billion acquisition of 21st Century Fox, Disney will also control 60 per cent of Hulu and use Fox assets to add to its content lineup.

While it is still too early to determine what Disney might charge would-be subscribers, some of the content that will be made available on Disney+ is beginning to take shape.

There will be a new live-action "Star Wars" series that Lucasfilms plans to take into production next year, where you'll be able to follow the adventures of Rebel spy Cassian Andor, played by Diego Luna, during the formative years of the Rebellion and prior to the events of "Rogue One: A Star Wars Story."

Disney's new streaming service, called Disney+, will be launching in late 2019.

Disney's new streaming service, called Disney+, will be launching in late 2019. Credit:AP

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