The Newest: Disney Plus to Start Nov. 12 for $6.99 a month

The Newest on Disney’s Brand New video-streaming service (all times local):

5 p.m.

Disney says its new streaming service, Disney Plus, will probably charge $6.99 a month once it starts in the U.S. on November 12.

That is cheaper than Netflix, which charges $13 per month because of its streaming plan that is most popular. However, the Disney service has a narrower focus on movies and displays.

The company is currently announcing details of its own streaming service that is streaming at an occasion in Burbank, California, on Thursday.

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4:45 p.m.

Disney claims its new video streaming service will start in the U.S. as early as October.

The service has no pricing. Disney is currently showing details at an investor event Thursday in Burbank, California.

The service is anticipated to take on HBO Go rivals Netflix and Showtime Anytime. In streaming support Hulu, disney also owns a controlling stake.

Disney Plus will start in the previous quarter of the year. It will concentrate on shows that are family-friendly as soon as it launches, including a string about Marvel personality Loki plus a live action Star Wars series.

Disney faces challenges as it builds a service to compete with the entrenched streaming leaders and finished a licensing relationship with Netflix so as to create the service.