Jon Favreau's Star Wars Series Won't Be Cheap

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"Star Wars is a big world, and Disney's new streaming service affords a wonderful opportunity to tell stories that stretch out over multiple chapters", Favreau said in an email to the Times regarding his upcoming show. This service will rival Netflix, though Iger has said in the past that it will cost "significantly less" than Netflix.

During the call, he reiterated that the app will feature all new Disney content going forward from calendar year 2019, as well as original TV and film productions created for the app, exploiting Disney's intellectual property, including Marvel, Pixar, 20th Century Fox, and Lucasfilm. Also, tv show spinoffs for Lady and The Tramp, Monsters Inc.

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Disney's collaborations with Favreau extend back a decade, when he helped launch the Marvel Cinematic Universe as director of Iron Man and Iron Man 2 and as an executive producer of the Iron Man and Avengers films for Marvel Studios.

According to the outlet, Captain Marvel - a film that's set to hit theaters on March 8, 2019 - will be the first Marvel movie that will not head to the Netflix streaming platform following its theatrical, digital, and physical release.

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They charged several thousand euros (dollars) for each instance of abuse, filmed the acts and posted them on the dark net. The twisted pair and six others were part of a pedophile ring that was busted previous year following an anonymous tip.

Considering that CBS All Access's Star Trek: Discovery was one of the most expensive shows in TV history with a budget of between $8 million and $8.5 million per episode then it becomes apparent just how much Disney is investing in both Favreau's show and its streaming service at large. The lower price point reflects Disney's strategic decision to offer less overall content than its red-lettered competitor, although, unlike Netflix, all the content appearing on the new service will carry Disney's in-house development DNA.

Stay tuned to Heroic Hollywood for the latest news on Marvel's new live-action series and Disney's upcoming streaming service as we learn it. Adjusted earnings per share totaled $1.87, less than the Street's expectation of $1.95.

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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.

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