Disney's streaming service, Disney+, will launch in November at $6.99 a month, and experts are split on what the entertainment giant's newest venture might bring.
div > div.group > p:first-child"> Shares of the entertainment giant surged to a record high on Friday after Disney revealed details tied to its highly anticipated streaming service, Disney+, at an investor conference Thursday night. The service, which will be available starting in mid-November at $6.99 a month or $69 a year, pits the company against the likes of Netflix.
"How can you not take it? It's a reasonable price. You have an unbelievable library. We have all bought these. ... I've bought every single property of Disney. [For] my kids, it just was kind of a rite of passage. Now, the other thing is ... specificity mattered more than numbers. They did say that next year's going to be tough.
"I think they did a terrific job on Disney+. Look, you've got kids' networks declining 20% year over year, and it's been going on for a while, so they've got to do something when it comes to kids and family.
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