Disney Streaming Service Needs 32 Million Subscribers To Break Even

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After hearing Disney's announcement earlier this week, many started declaring that they had no intention of subscribing to Disney's streaming service, saying that they they'd just stick with Netflix instead.

Netizens weren't too happy when Disney chose to finalize its decision to pull out its Marvel and Star Wars films from Netflix so that it could add the material to its own streaming platform next year.

According to Variety, this news means titles from Disney, Marvel and Lucasfilm will eventually move from Netflix to the new service, which is set to launch in late 2019. Now we know the answer: they leaving Netflix, too.

Disney CEO Bob Iger said thousands of TV episodes and hundreds of movies will be available, though shows from Disney's ABC network aren't coming to the service. The removal will also include Disney and Pixar films. "We've now decided we will put the Marvel and Star Wars movie on this app as well", Iger said. But, the were questions regarding Marvel and Star Wars title. Let's say you're into Santa Clarita Diet (Netflix), Man in the High Castle (Amazon Prime), Game of Thrones (HBO), Twin Peaks (Showtime), and Ironman (Disney), you're looking at five monthly subscription fees. The company will also apparently produce "four or five" original movies for the new service.

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A Netflix spokesman declined to comment.

Netflix also has a contract with Marvel to keep its series based on comic books, such as "Jessica Jones" and "Luke Cage". This is a multi-year deal, so even if Disney is planning to pull these shows away from Netflix, they wouldn't be able to until the end of their contract.

Information on how much the streaming service will cost is still to come.

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