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Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription. Disney said its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of new and classic TV shows and movies from some of the world’s most popular entertainment franchises
Walt Disney said on Friday it would sell its interests in 21 regional sports networks and Fox College Sports to Sinclair Broadcast Group Inc for $9.6 billion, a deal that clears the way for its purchase of Twenty-First Century Fox Inc’s film and television assets.
Originally called Disney-MGM Studios, this playground inspired by Hollywood’s golden age has undergone a lot of change since the early years, when it functioned as a typical theme park and working production facility creating movies, TV shows and animated films.