Disney is expected to spend heavily on content and marketing for Disney+, which will include new movies and shows from brands including “Star Wars,” Pixar, Marvel and Fox’s National Geographic. The company’s new direct-to-consumer and international segment posted a loss of $136 million in the quarter, thanks to investment in Disney+ and the push behind ESPN+. Disney+ is expected to launch late this year.

Source: Los Angeles Times February 05, 2019 21:36 UTC