Every MCU movie now hosted on Netflix will be leaving the site, and the next film in the franchise, next March's Captain Marvel, will be the first to head directly to Disney's site instead of Netflix.
In order to compete with those services, Disney is acquiring Twenty-First Century Fox's film and entertainment assets - and it is developing a streaming service that will incorporate Disney and Fox content.
Iger did not reveal the exact price for the service, but he did say Disney's streaming service will cost "significantly less" than Netflix.
So does that give us more of an idea of when the streaming platform will hit? Ahead of Disney's launch of its own streaming service, it's pulling all of its Marvel Studios films from Netflix. That being said, it is expected to land somewhere in the monthly range of $6 to $8.
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.
U.S. not anxious about European Union move on sanctions
But the USA sanctions strategy has several weak spots, especially a reluctance by Europe and China to curtail business with Iran. The president's comments came after Rouhani claimed that a war with Iran would be the "mother of all wars".
While it might be a bit frustrating to some as this trend of launching exclusive streaming services seems to be gaining steam (as opposed to the old way of having big outlets like Netflix, Hulu, and Amazon Prime be the home for everything), with the amount of the entertainment world that Disney owns, this streaming service is basically a must-have for everyone.
Among the streaming service's offerings, fans will get a brand new live-action Star Wars series from Iron Man helmer Jon Favreau, which is rumored to take place three years after the events of Return of the Jedi.
Overall, Disney posted earnings of $1.87 per share excluding certain items, an increase from a year earlier, but below Wall Street's average forecast of $1.95, according to Thomson Reuters I/B/E/S. The average estimate of four analysts surveyed by Zacks Investment Research was for adjusted earnings of $1.97 (roughly Rs. 133) per share.
Revenue from the movie and TV production business jumped 20 percent to $2.88 billion (about Rs. 19,800 crores), boosted by a strong box office for "Avengers: Infinity War" and "Incredibles 2".
That is unless he was one of Thanos' victims who also vanished into dust.