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In the aftermath of Disney’s big event earlier this month to unveil the details of its Disney+ streaming service, much of the conversation centered around all the new original content Disney is planning for the platform. Disney+ will have 25 original series in its first year, including multiple “Star Wars” spinoffs like “The Mandalorian,” and multiple Marvel spinoffs like “The Falcon and The Winter Soldier.”
Original content is always the loudest, most buzzy ingredient on any video platform. But the quieter secret weapon of Disney+ is the vast library of old movies and shows from the late 1980s and the 1990s—those could lure an entire generation to subscribe.
The nostalgia effect
Millennials grew up on Disney movies like “The Little Mermaid” (1989) and “Toy Story” (1995), and on animated shows like “DuckTales” (1987) and “Goof Troop” (1992), and live-action Disney and ABC shows like “Boy Meets World” and “That’s So Raven.” Those will all be on Disney+. Many millennials are new parents or soon to become new parents, making them a possible sweet spot target demographic for Disney.
That’s not to mention “The Simpsons” and “Malcom in the Middle,” Fox shows that are now part of the Disney library thanks to its $71.3 billion acquisition of 21st Century Fox’s entertainment assets.
Of course, it’s not only the millennial generation that will feel nostalgia for classic Disney content. The same arguably holds just as true for Gen-X, even though a large handful of the most famous Disney classics, like “Peter Pan,” “The Jungle Book,” “Beauty and the Beast,” “Aladdin,” and the original “Lion King” won’t be on the platform at launch due to rights deals with other platforms. (When those deals expire, expect those titles to migrate to Disney+.)
Disney knows the power of its old classics: back in 2012, Disney Junior Channel began running a series of “heritage interstitials,” short, new clips featuring beloved characters from movies like “The Little Mermaid” and “101 Dalmatians.”
Looking at the full list of everything that will be on Disney+ at launch is also a reminder of just how many distinct homes of content Disney now owns: ABC, A&E, FX, ESPN, National Geographic, History Channel, Fox, Pixar, Marvel, and Lucasfilm are just some of the biggest.
All of these networks and studios are now in the pipeline feeding content to Disney+, and that makes the Disney+ launch price tag of $6.99 per month extremely appealing, especially compared to Netflix, which recently raised its standard plan to $12.99 per month.
Netflix may not need to panic about Disney+ yet—but soon it will
Analyst notes sent out last week around Netflix’s Q1 earnings report all made a lot of hay with the debate over how much of a threat Disney+ will pose to Netflix.