Disney Streaming Service Won't Include Pre-2019 Star Wars Films

Now a new article in the New York Times reveals that the ten-episode first season of the Favreau Star Wars series will have a combined budget of $100 million, making each episode roughly $10 million a piece.

Disney is building the streaming service as more people switch from traditional cable TV bundles to streaming online though services like Amazon and Netflix.

"20th Century Fox Film... gives us the opportunity to be associated with, and to expand, iconic movies franchises like Avatar, Marvel's X-Men, Fantastic Four, Deadpool, Planet of the Apes, Kingsman, and many others", Iger said, giving a wide berth to the studio's specific plans for each of the Fox brands. But, reports Variety, Iger confirmed earlier reports that Disney is targeting a launch sometime in 2019, and is aiming to undercut Netflix in cost.

Microsoft adding support for Movies Anywhere, giving away free X-Men movie
According to Movies Anywhere, since its launch nine months ago, consumers have stored more than 135 million movies on the app. Unfortunately, the service is only available in the U.S. for now, and movie and TV show rentals are not eligible.

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.

Though a price for the upcoming entertainment service hasn't been set, Iger told analysts during a conference call that the price will reflect a lower volume of shows and movies. "There will be a significant amount of support given across all of our assets to see to it that the product launches successfully".

Walt Disney Co (DIS.N) missed Wall Street profit targets as new technology costs rose during the quarter ended June 30, but Chief Executive Bob Iger said an exodus of consumers from its television channels was slowing. Adjusted earnings per share totaled $1.87, less than the Street's expectation of $1.95.

Ian Rush predicts where Liverpool FC are going to finish
The former England global believes that only Mohamed Salah and Virgil van Dijk would make it into Pep Guardiola's team. Speaking to Goal , Salah was asked who he would like to see Liverpool sign before this week's transfer deadline.

Disney shares slipped $1.06 in after-hours trading, to $115.50.

Disney's movie studio enjoyed blockbuster success with "Avengers: Infinity War" and "The Incredibles 2".

Revenue rose 7 percent to $15.23 billion - also missing forecasts. In the final minutes of trading on Tuesday, shares hit $116.56, an increase of nearly 10 percent from a year ago.

Ebola vaccinations in eastern Congo due to begin on Wednesday
As of Monday Congo's Health Ministry said there were 43 suspected cases , with 16 confirmed, including four deaths. As of Saturday, the World Health Organization had confirmed 13 of 43 suspected cases, including 33 deaths.