As a spin-off merchandise, Disney has launched its own streaming service. New production of TV shows will be produced exclusively for this platform. Three original Marvel TV series, Star Wars series are a few to name. Reports suggest, it has also acquired streaming rights to The Simpsons, when the mass-media giant bought 20th Century Fox last month. Disney Plus will launch in the US on November, 12 and the rental cost will be US$ 6.99 a month. In addition to other new films, all the original and prequel Star Wars movies will broadcast on Disney Plus.
With Disney already purchasing Pixar, Marvel and Lucasfilm, it is seen as a potential competitor to Netflix. In the light of the announcement, Disney has also taken down its content from Netflix and other streaming platforms.