Disney Plans a Star Wars Series and Trilogy

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by @todotvnews the 10/11/2017
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During the presentation of its latest financial results, The Walt Disney Company announced its plans to premiere a new live-action Star Wars series for its new OTT platform, as well as the production of a new movie trilogy developed by Rian Johnson.

The Walt Disney Company's final presentation of its financial results came alongside some important announcements for one of the company's hottest properties: Star Wars. According to Disney, there are plans in place to expand its universe both in TV and film.

For TV, Bob Iger, CEO of the company, announced they plan to launch the first live-action Star Wars series in 2019. The new show will debut next to the new OTT service with which they intend to compete against Netflix.

With this new title, there is little doubt that the much anticipated OTT platform, which will roll out with a monthly fee lower than that of Netflix, will help Disney stand out in a very competitive environment.

The executive also revealed there are plans to produce even more originals for the new platform, including shows based on Monsters Inc., High School Musical and some Marvel properties. He also mentioned Disney was open to licensing third-party content.

Meanwhile, in the movie arena, the company made the official announcement that Rian Johnson, director of The Last Jedi, will develop a new film trilogy, this time focusing on characters that are not related with the Skywalker family.

Thus, according to Lucasfilm, the new movies "will introduce new characters from a corner of the Star Wars galaxy that has not been previously explored."

"We all loved working with Rian on The Last Jedi," Kathleen Kennedy, president of Lucasfilm, said in a statement.

"He’s a creative force, and watching him craft The Last Jedi from start to finish was one of the great joys of my career. Rian will do amazing things with the blank canvas of this new trilogy," she added.

Regarding its financial results, the company revealed that its earnings were 4% lower than those reported for the same period back in 2016. The net profit tallied at 8.98 billion dollars.

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