Disney's Investor Day culminated with a special clip of the Simpsons gang saluting their new Disney "corporate overlords", leading to the announcement that Disney+, the upcoming Disney direct-to-consumer platform, will be the exclusive SVOD home of the classic 20th Century Fox TV-produced series.
Netflix's shares fell about 4 percent after Disney priced its streaming service, Disney+, at $6.99 per month, below the video streaming pioneer's basic plan of $8.99.
Investors cheered Disney's bold new foray into subscription streaming with Disney+, pushing shares up 10% in morning trading Friday - while Netflix's stock was down 3%.
We have known that Disney was planning to launch its own dedicated streaming service for quite some time. Disney has already begun the process by removing its content from Netflix. But the information shared by Disney does make for some interesting developments in the ever-expanding streaming space.
The service will also host a variety of docuseries, focused on everything from the making of Frozen 2, to Marvel projects, and going behind the scenes of the Disney Parks and Imagineering department. There will also be a new Lady & The Tramp live-action movie, and more than 5,000 episodes of Disney Channel TV shows. What's more, the company is considering offering up a pretty big bundle with the likes of Disney+, Hulu, and ESPN+ for only a single monthly subscription price.
Game of Thrones Season 8
It also claimed that Jon Snow's death at the end of season five, was statistically improbable - and it pretty much was. Kit Harington is looking so suave for this feature in InStyle magazine's latest issue, on sale on April 19.
Like Netflix, Disney+ will allow users to add series and movies to a personalized watch list.
"These shows will be on the same level of quality that you've come to expect from Marvel Studios and we're taking advantage of the freedom offered by Disney+, exploring the MCU and our favorite characters over multiple episodes".
A Star Wars-centric live-action series, titled "The Mandalorian" and directed by Jon Favreau, was also revealed for a launch-day release. Last November, we learned that it would go by the name Disney+ and arrive with new and exclusive Marvel and Star Wars series.
"The Simpsons" will head to the service, as well as movies and shows including "The Sound of Music" to "Malcolm in the Middle".