News also hit this week that Disney's rollout will include an all-new Marvel show, setting the internet on fire with speculation over the possibilities.
"It's becoming an internet TV world", Hastings said, "which presents both challenges and opportunities for Netflix as we strive to earn screen time". In addition to the "Star Wars" TV series, Disney is working on TV adaptations of Pixar's "Monsters Inc.", the Disney Channel's "High School Musical" franchise and an original series from Marvel.
What realm of Marvel will this future show possibly explore? That's where the notion of Netflix keeping their current shows alive, including spinoffs, comes in. The next two fiscal years look good for the film slate as well, she notes, with a pair of Star Wars canon films yet ahead, and another trilogy on the way along with stand-alone films like Solo.
"We're also planning to produce a number of original series for the new service", he commented.
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"As I've said earlier, we're going launch this thing pretty aggressively", he said on the call Thursday.
Iger said the service will use Disney, Pixar, Marvel and Star Wars content but that everything has to adhere to Disney's G-rated standards and filtering features will be available for parents letting their kids use the service.
Iger spoke at length about the streaming service, which still doesn't have an official name, during an investor's call.
The Wall Street Journal recently reported that Disney would develop a series for their own services to stand against other streaming services.
ESPN, the focus of many an earnings call past, largely escaped scrutiny Thursday, thanks to Iger's announcement that the new direct-to-consumer, ad-supported streaming platform will be called ESPN Plus and will be set to debut in the spring of 2018. As Disney adds more content to its service after 2019, the CEO said, the price could increase. This will launch before the entertainment-focused service rolls out.