Disney+ to launch in November, priced at $6.99 monthly

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Just when you thought that Lion King trailer would be Disney's biggest reveal of the week, the company topped itself on Thursday by announcing a launch date for its much-anticipated streaming service.

During today's presentation, the Company unveiled a first look at the Disney+ offering, which will launch in the USA on November 12, 2019 at $6.99 per month.

The platform is set to have more than 500 movies and 7,500 TV shows and will launch in North America this November. There will also be a new Lady & The Tramp live-action movie, and more than 5,000 episodes of Disney Channel TV shows.

The entire Pixar film collection will be available to watch, as well as all the digital shorts.

The company said it has struck deals with Roku Inc and Sony Corp to distribute Disney+ on streaming devices and console gaming systems and expects it to be widely available on smart televisions, tablets, and other outlets by launch. Disney CEO Iger says that all Disney movies will be available to be exclusively streamed on Disney+.

The streaming service is expected to take on rivals Netflix, HBO Go and Showtime Anytime. The result was an ambush of familiar, beloved entertainment brands from Star Wars to Pixar to Marvel to The Simpsons-which, due to Disney's acquisition of 21st Century Fox, will now have its exclusive home on Disney+.

Disney+ looks a lot like Netflix: The layout of the service looks a lot like the streaming giant everyone already uses.

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All 30 seasons of The Simpsons will be available on the service on day one, and other Fox properties including The Sound of Music, The Princess Bride and Malcolm in the Middle will also appear in the first year. One of the biggest dilemmas will centre on how long Disney waits after a new film's theatrical release to make it available on its new streaming service.

Executives said they see opportunities to take its ESPN+ sport streaming video service to Latin America and are looking into worldwide expansion of its Hulu streaming video business, which offers movies and shows targeted to adults.

Thus far, Disney+ has announced Loki, starring Tom Hiddleston, Falcon & Winter Soldier with Anthony Mackie and Sebastian Stan, WandaVision (that's the name!) with Elizabeth Olsen and Paul Bettany, and an animated What If? show centered around alternate versions of classic Marvel stories.

Marvel series confirmed: Marvel boss Kevin Feige confirmed several rumored Marvel series during his presentation.

The service will come with customized settings and individual profiles, including the option to create a custom avatar with characters from the Disney library.

National Geographic shows titled The World According to Jeff Goldblum and Magic of the Animal Kingdom are in the works, as well.

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