Disney's live-action Star Wars series could cost whopping $100M

Disney's live-action Star Wars series could cost whopping $100M

Presented only as an offhand comment rather than an official reveal, the Times reports the Star Wars series will run for 10 episodes, with an estimated budget for the series clocking in at a hefty $US100 million ($135 million), or pretty much $US10 million ($13.5 million) an episode. Every MCU movie now hosted on Netflix will be leaving the site, and the next film in the franchise, next March's Captain Marvel, will be the first to head directly to Disney's site instead of Netflix.

Launching the streaming services is Disney's biggest priority next year, Iger said. Old Disney movies and over 5,000 episodes of Disney television shows will fill out the service's offerings.

Actor and director Jon Favreau (Iron Man, The Jungle Book) is now hard at work executive producing and writing a live-action Star Wars TV series for Lucasfilm and Disney's new direct-to-consumer streaming service. But, reports Variety, Iger confirmed earlier reports that Disney is targeting a launch sometime in 2019, and is aiming to undercut Netflix in cost. "There will be a significant amount of support given across all of our assets to see to it that the product launches successfully".

Like with its Marvel films, Disney had previously licensed the streaming rights for its Star Wars titles, including Star Wars: The Force Awakens and Star Wars: The Last Jedi.

Iger also said that there was no plan to merge or bundle together this new service with Hulu or its sports streaming service ESPN+. Excluding one-time items like a benefit from lower federal tax rates, income was $1.87 per share.

Category 3 Hurricane Hector drives west across the Pacific
Hurricane-force winds extend outward up to 25 miles (35 km) from the center of the storm and tropical-storm-force winds extend outward up to 105 miles (165 km).

Shares of Disney, which have climbed almost 9 percent so far this year, slipped 1.1 percent in after-hours trading on Tuesday to $115.45.

Revenue rose 7 percent to $15.23 billion in the period, short of the $15.49 billion expected by four analysts surveyed by Zacks.

That is unless he was one of Thanos' victims who also vanished into dust.

Disney shares have risen slightly more than 8 percent since the beginning of the year, while the Standard & Poor's 500 index has risen nearly 7 percent. In after-hours training, Disney's stock fell 49 cents to $116.07.

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