Disney says its new streaming service won’t rival Netflix

Disney says its new streaming service won’t rival Netflix

Disney says its new streaming service won’t rival Netflix

They also have the Netflix name all over them, so it won't be easy for Disney to take them. Apparently there are only three more Marvel movies (all 2018 releases) heading to Netflix: Black Panther, Avengers: Infinity War, and Ant-Man and the Wasp.

Disney executive Ricky Strauss, president of content and marketing for the still-unnamed streaming service, gave some of the first details to The New York Times about what the site will look like when it launches in 2019, including that they will let their licensing deal with Netflix expire.

Considering that CBS All Access's Star Trek: Discovery was one of the most expensive shows in TV history with a budget of between $8 million and $8.5 million per episode then it becomes apparent just how much Disney is investing in both Favreau's show and its streaming service at large. But the Netflix competitor may be missing a big piece of that library when it launches in late 2019.

Hiroshima marks 73rd anniversary of atomic bombing in WWII
Abe said differences between the nuclear and non-nuclear states had widened, but he pledged to do more to bridge their gap. About 50,000 people, including Hiroshima residents and representatives from 80 countries, including U.S.

Iger said that Disney was "obviously very excited" about bringing 21 Century Fox content to the new service once the acquisition of Fox's entertainment assets closes, but added that the company remained "incredibly supportive and enthusiastic" about theatrical distribution of movies.

Come 2019, Disney will do its best Thanos impression and snap their movies up from Netflix. Disney's television networks also saw gains, including at ESPN, despite the higher National Basketball Association costs and lower advertising revenue.

Shares of Disney, which have climbed almost 9 percent so far this year, slipped 1.1 percent in after-hours trading on Tuesday to $115.45.

Universal's Cowboy Ninja Viking Has Delayed Production Indefinitely
Universal Pictures has announced they have indefinitely delayed Chris Pratt's Cowboy Ninja Viking . The film, based on a popular graphic novel, was set to be released on June 28, 2019.

Net income attributable to Disney rose to $2.92 billion, or $1.95 per share, in the quarter, compared with $2.37 billion, or $1.51 per share, a year ago.

Directed by JJ Abrams, Star Wars: Episode IX stars Daisy Ridley, Adam Driver, John Boyega, Oscar Isaac, Lupita Nyong'o, Domhnall Gleeson, Kelly Marie Tran, Joonas Suotamo, Billie Lourd, Anthony Daniels, Mark Hamill, Billy Dee Williams, and Carrie Fisher, with Naomi Ackie and Richard E. Grant.

Total revenue rose 7% to $15.23bn, driven by box office successes as well as theme parks and resort visits, but missed analysts' $15.34bn forecast.

U.S. sets date for additional $16bn in tariffs on China products
The Semiconductor Industry Association expressed disappointment at USTR's decision to keep the sector on the tariff list. The Trump administration has finalized a new round of 25 percent tariffs on an additional $16 billion in Chinese imports.

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