Disney Has Plans For X-Men Characters For Marvel Shows

Tanya Cunningham
August 9, 2018

However a Disney spokesperson also told the Times that as of now there are "no current plans" to also take the Marvel-themed shows that air on Netflix, including Jessica Jones, Daredevil, Luke Cage, The Punisher, Iron Fist, and The Defenders, but "no current plans" speaks for itself. Fans can look forward to some aspect of all those titles to be available on the streaming service, along with movies and shows from Pixar, Marvel, Star Wars, and Disney cartoons.

New content will be created for Disney's streaming service for Star Wars, Marvel, and live-action versions of animated features such as Lady and the Tramp and The Sword in the Stone.

Chief Executive Bob Iger touted the benefits of Disney's $71.3 billion acquisition of Fox's assets, emphasizing the importance of the Star Wars and Sky pay-TV assets. As the mouse house prepares to consume the whole of 21 Century Fox (and its entire back catalog), it won't be long before "Disneyflix" is in a position to pull the plug on a chunk of the content already on Netflix.

"The price will reflect a lower volume of product, as will the cost of producing and owning that content", Iger explained. The studio entertainment division provided much of the uplift, with revenues growing 20% to US$2.9 billion.

Users can expect to find some recent theatrical releases like Captain Marvel and the live-action remake of Dumbo (both releasing in March of 2019), as well as some original programming for the streaming service like Anna Kendrick's upcoming holiday film Noelle and a High School Musical series.

Disney is trying to transform itself into a broad-based digital entertainment company as ESPN and its other networks lose viewers to Netflix Inc (NFLX.O) and other streaming options.

Disney's direct-to-consumer streaming service will likely cost less than Netflix, and users may eventually be able to bundle it with the ESPN and Hulu apps to more closely approximate a traditional cable TV subscription. The average estimate of four analysts surveyed by Zacks Investment Research was for adjusted earnings of $1.97 (roughly Rs. 133) per share.

Total revenue rose 7 percent to $15.23 billion, but missed analysts' average forecast of $15.34 billion.

That is unless he was one of Thanos' victims who also vanished into dust.

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