Jon Favreau Star Wars Series Has a $100 Million Budget

Disney's upcoming streaming service could contain a 10-episode, $100 million Star Wars show

Regarding the streaming service, Iger said that Disney aimed to be in the "quality game" rather than the "volume game" in populating it, although it will also include a "significant amount" of library content.

Come 2019, Disney will do its best Thanos impression and snap their movies up from Netflix. This means that you can still catch Daredevil, Jessica Jones, Luke Cage, Iron Fist, The Punisher, and Defenders on the streaming giant - though this feels like it implicitly widens the divide between the Marvel Cinematic Universe and its TV counterpart. "Lady and the Tramp" (1955) and "The Sword in the Stone" (1963) remakes are both expected to make their debut on the streaming service.

Interestingly, anything that's already licenced to Netflix - including older Marvel and Star Wars movies up to and including Ant Man And The Wasp and Solo - will remain on the rival site, with Disney apparently having no plans to steal them back anytime soon. This includes Captain Marvel, Dumbo, Frozen 2, Star Wars Episode IX and more.

Overall in the quarter, Disney reported net income rose 23 percent, to $2.92 billion, or $1.95 a share.

Disney is producing nine different movies for the streaming service with budgets ranging from $20 to $60 million. This implies as more movies and TV shows join the service, the price will go up.

"If a consumer wants all three, ultimately we see an opportunity to bundle them from a pricing perspective", Iger said, explaining that the reason for keeping them separate lies in a philosophy that smaller, more consumer-directed bundles seem to be the future of streaming, and trying to aggregate all of Disney's diverse content into one place would likely become unwieldy.

Now all we need is a name.

We're still not sure exactly when Disney's streaming platform will launch, nor what it'll be called, or how much subscriptions will cost. I've heard a few other names as well.

ESPN's highly profitable operation has been under pressure in recent years as consumers cut the cord and flock to such streaming services as Netflix and Amazon Prime video.

On today's earning call Disney CEO Bob Iger said the streaming service would be the company's biggest priority in 2019. They also have the Netflix name all over them, so it won't be easy for Disney to take them.

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