New York (CNN Business) Disney's new streaming service will test Marvel's power, the reach of the "Star Wars" galaxy and the magic of animated classics spanning more than 80 years, coupled with the new-found bulk provided by its acquisition of Fox Entertainment assets. Absorbing Fox -- which has created its own layer of drama within the entertainment industry -- has left Disney uniquely positioned to mount such an effort. The deal strengthened what was already the entertainment industry's most enviable array of brands, with Fox's National Geographic among the announced Disney+ elements. (Disclosure: My wife works for a division of Disney.) Nevertheless, at the risk of mixing sci-fi metaphors, Disney CEO Robert Iger's determination to boldly explore this new frontier represents a leap into an arena that remains filled with unknowns.
Source: CNN April 10, 2019 14:31 UTC