Another streaming service has come to the streaming service platform.
Walt Disney launched its new streaming service, Disney+, that’s been gaining much traction ever since it was announced. It’s packed with new films and series including Avengers: The Endgame and much more. People from the U.S., Netherlands, and Canada can sign up for the service today.
The streaming service will not be available for other countries within the year. UK and other places in Western Europe will be able to apply for a subscription starting in March 2020. For countries in Asia, Eastern Europe, and Latin America, Disney+ won’t be available until late October next year.
Roughly two weeks after Apple released it’s Apple TV+, Walt Disney launched joined in the streaming service platform with its Disney+. Viewers now have an extensive list of movies from Disney, Marvel, Pixar, National Geographic, and more. The subscription costs $6.99/month or $69.99/year. If you want a massive library of shows including sports, you can partner it up with ESPN+ and Hulu for $12.99/month.
Users of Disney+ can create avatars for their profiles. The avatars will be the characters of Disney. A user can use the account on four different devices. There’s also the download option akin to Netflix where users can download shows they want to watch offline. But unlike Netflix where the shows and movies that can be downloaded are limited, Disney+ allows users to download all the movies and shows in the library.
Changing the media industry
Although Netflix and Amazon Prime are the pioneers in the streaming service platform, the rise of Disney+ and the upcoming AT&T’s streaming service is becoming a threat to their revenues. Netflix, Amazon Prime, and Hulu are now feeling the pressure as they just make arrangements with content creators. They’ve been just middle man while Disney+, AT&T, and Comcast are pulling off existing contents or are starting to make their own.
With more and more streaming services coming in the next few months, more people will be tempted to shift from their pay-TV subscriptions. It’s been reported that almost a quarter of U.S. households are to drop their pay-TV subscription by 2022. People subscribed to subscription services is expected to reach 182.5 million this year and 205.6 million by 2023.
What does this mean for you?
Disney+ has said that its platform will be easy to navigate and will be free of ads. However, it would still cross-promote other Disney products. Other streaming platforms have not disclosed any plans regarding their ad placements. However, only time will tell whether other streaming services will offer ad spaces in their platforms or not.