Bob Chapek recently announced that a new Disney streaming service will launch internationally next year!
With the success of Disney+ since November 2019, there’s no surprise Disney is planing to launch a second streaming service under the Star brand acquired from Fox.
This new streaming service will include content from ABC, FX, Freeform, Searchlight and 20th Century Studios. And will not carry any licensed content.
“In terms of the general entertainment offering internationally, we want to mirror our successful Disney Plus strategy by using out Disney Plus technical platform, bringing in content we already own and distributing it under a successful international brand that we also already own, which is, of course, Star” mentioned Chapek.
This announcement make us wondering what about Hulu? Former CEO Bob Iger had previously announced plans to launch Hulu internationally in 2021 but Bob Chapek said Disney has no immediate plans to make any investment in that business internationally.
“I think is important to look at the differences at how we plan to enter the market” Chapek said. “Hulu aggregates third party content, this will not. Hulu has no brand awareness outside of the US.”
As of now, there are no details about a launch date or prices but Bob said more details will be shared on the next investors day event. So keep checking back for more details!
Credit: The Verge
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