Disney is taking on Netflix with its streaming service coming in Canada

Disney will begin its worldwide roll-out of Disney Plus on the same day - November 12 - that the direct-to-consumer service launches in the U.S.

Disney+ will arrive in the United States on November 12 for $6.99 per month or an annual subscription price of $69.99.

Thanks to Steeldiver for the heads up! Additional regions will be added at a later date as well, with the goal of covering most major global markets within the first two years of the platform's debut. In Canada, it will cost $9CAD per month/$90 per year, while in the Netherlands it's €7/€70. Shortly thereafter, Australia and New Zealand will be granted access to the service on November 19. He will work with Jan Koeppen, President of Television and D2C for Europe and Africa, and Michael Paull, president of Disney streaming services, to help guide the roll out.

Offering film and TV entertainment including its Star Wars and Marvel franchises as well as its ABC content and an extensive library acquired from 21st Century Fox, Disney+ hopes to be a major challenger to Netflix.

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Some of the biggest names in business put their signature on the statement, including Amazon's Jeff Bezos and Apple's Tim Cook. Several high-profile U.S. businessmen have warned that capitalism is failing.

There are, however, some notable exceptions with no mention of support on Samsung Smart TVs or Amazon's Fire TV platform.

Monthly subscriptions for Disney+ will be $8.99 Canadian and Australian dollars, almost 7 euros in the Netherlands, and $9.99 New Zealand dollars.

In the U.S., Disney said it would offer a bundle of Disney+, ESPN+ and a version of Hulu for $12.99 a month. The new media platform will also be producing a Star Wars series entitled "The Mandalorian".

It also confirmed you'll be able to subscribe to Disney+ either directly or via in-app purchases. Disney+ will be the exclusive place to stream "Toy Story 4", "The Lion King", and "Star Wars: The Rise of Skywalker".

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