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Disney Investor Relations Investor Presentation

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Walt Disney DIS.N announced the details of a new family video delivery service "Disney Plus" at a briefing session for analysts. 

The service will be launched in the United States by the end of the year, and will be launched overseas at any time. The fee is $ 7 a month or $ 70 a year.

The service will start on November 12th. In addition to Disney movies and TV shows, you can watch "Marvel," "Star Wars," "National Geographic," "The Simpsons," and more.

The goal for subscribers is 60 to 90 million. Aim to make a surplus in fiscal 2024. It plans to invest over $ 1 billion by 2020 and about $ 2 billion by 2024 to produce the original program.

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