Here are All of the Details of Disney's Netflix Killer

Source: Robert Iger

Things are about to get interesting.

On Thursday, April 11th, Disney revealed the first details of their new streaming service Disney+. The announcement comes only three weeks after the company closed its $71.3 billion of acquisition of 21st Century Fox.

It's clear: Disney is coming for Netflix' spot.

READ: What Disney Leaving Netflix Means For The Future of Streaming Services

Disney+ will feature an extensive catalog of content — including Pixar, Marvel, and Star Wars. Two things immediately stand out in comparison to Netflix: the price point. Disney+ will cost only $6.99 a month (in comparison to Netflix, where the cheapest plan is $8.99.) And the fact that movies will become available right after its home release. It's something that doesn't happen on Netflix. (This might cause problems for Amazon and Apple, however.)

As far as its interface, it seems like Disney+ is taking cues from its competitors. Content will be dished out using an algorithm system.

WATCH: The Official Trailer for "The Lion King"

Also with the announcement came news about a slate of new Marvel and Star Wars: including a show about Loki, another one centered around Scarlet Witch, one with Hawkeye as the lead, and the highly anticipated Star Wars show The Mandalorian.

Disney+ launches on November 12, 2019, at $6.99 per month.