The galaxy far, far away won't be going too far away once Disney kicks up its own streaming service.
"We've now decided we will put the Marvel and "Star Wars" movie on this app as well", Iger said at a conference in Beverly Hills.
The company will make 4-5 original films a year for the service, he says. In 2019, they are going to launch their own streaming service and will be competing directly with Netflix, Hulu and everyone else out there. It's unclear if they will take Netflix's Daredevil, Jessica Jones, Luke Cage, Iron Fist, The Defenders, and The Punisher with them.
Netflix and Disney originally inked the licensing pact for the USA pay-TV window in 2012, under which Netflix secured streaming rights to the Mouse House's films starting with 2016 releases.More news: Trump says to approve lifting restrictions on South Korea missile payload limits
One of the most beloved 1990s movie from the entertainment giant came in the form of Aladdin, and many millennials were happy to hear that the company would be bringing the story back in a new adaptation of the classic. Disney's movie studio will be creating films specifically for the app, he said.
This question gets even more expansive when you factor in all the Disney movies and TV content that is offered through the services.
Iger also shared some new information about the company's ESPN-branded streaming service, which will launch next year, and will have 10,000 new sporting events in its first 12 months. The deal might have lasted longer than that had Disney made a decision to renew the deal for years into the future.
Iger also said that Disney has spent time and money developing original films for the app. Disney studios will produce four to five original films for the app, which is scheduled to launch in 2019.