Disney Announces Star Wars Prequel Series For Its Upcoming Streaming Service

Lucasfilm

"In this era of unprecedented consumer choice, brands matter more than ever", Disney chairman and CEO Bob Iger said on an earnings call with investors as the "Star Wars" news broke on Thursday.

The company says the drama is in the works for Disney's new streaming service and follows the adventures of the rebel spy during the formative years of the Rebellion.

There were big announcements from Disney this week as they revealed the name of their new streaming service. Same with Marvel, Disney, Pixar, and National Geographic. Diego Luna will reprise the role of Andor, which he originated in the 2016 film. I don't think Disney will be able, at least in the first few years, to keep up with the streaming network's massive content production.

In addition to the name of the service, Disney also announced that Marvel Studios is developing a series focused on Loki and will star Tom Hiddleston, a fan favorite in the Marvel Cinematic Universe, which will be available on Disney+. Disney hopes that their new service will compete head-to-head with Netflix.

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Disney+ will launch in late 2019, according to the report. As with The Mandalorian, it is being produced for Disney's upcoming streaming service Disney+. They also plan to revive some classic franchises like Three Men and a Baby, Honey, I Shrunk the Kids, Father of the Bride, Peter Pan, The Parent Trap, The Sword in the Stone and more. It will also be a hub for animated content, including the next season of "Star Wars: The Clone Wars" and an new original animated series based on Pixar's "Monsters Inc".

Iger said that even though Disney will need to respect Hulu minority shareholders Comcast and AT&T with respect to any decisions it makes for the service, he sees opportunity to ramp up investment in Hulu and potentially raise prices for the service.

The luxury resort, announced at D23 Expo 2017, will completely immerse guests into an authentic Star Wars story at Walt Disney Resort-and that immersion will start the moment guests arrive!

Hulu is expected to play a large part in Disney's plan to be an aggressive player in the direct-to-consumer TV market now dominated by Netflix and Amazon.

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