Though, it’s the answer for the 6% fell down in Netflix shares.
Disney has officially announced the name of its upcoming streaming service and it will be called Disney+. According to the reports, the platform will be launched by the makers in the US. The company officially announced the two new shows, including a comeback to both Star Wars and Loki series to be aired on the streaming service.
The official statement from Disney says,
The new projects join an impressive slate of films and series planned for Disney+ that includes new stories set in the worlds of Disney•Pixar’s Monsters Inc. and Disney Channel’s High School Musical, as well as a galaxy far, far away. Earlier this year, Lucasfilm revealed that Emmy®-nominated producer and actor Jon Favreau will write and executive produce The Mandalorian for Disney+.
The live-action series, which is set after the fall of the Empire and before the emergence of the First Order, is currently in production with a lineup of directors that include Deborah Chow – Marvel’s Jessica Jones, Rick Famuyiwa – Dope, Dave Filoni – Star Wars: The Clone Wars, Star Wars Rebels, Bryce Dallas Howard – Solemates and Taika Waititi – Marvel Studios’ Thor: Ragnarok.
Disney-owned Lucasfilm will go into production next year with a second Star Wars live action series.
The show will be based on adventures of rebel spy character Cassian Andor, who is to be played by actor Diego Luna, according to the Mickey Mouse company. The series was being made for Disney+ with an unspecific release date.
A live-action series based on Loki from Thor comic lore is being developed by Marvel Studios for Disney+, according to Bob Iger, CEO of Disney. British actor Tom Hiddleston who portrayed Loki in the Avengers and Thor films, will reprise the character in the series.
The service is expected to launch late next year, but no exact date has yet been announced yet.