Disney Partners With Japanese Mobile Network Docomo To Launch Streaming Service
Online streaming of content has become a lucrative business for entertainment companies in the world, so much so that no one wants to lag behind in the race to dive straight into this new world filled with immense possibilities and opportunities. Now U.S. entertainment group Walt Disney and Japanese wireless carrier NTT Docomo have joined forces to launch a video-streaming service in Japan next month as the country prepares for 5G. This is the latest tie-up between a media behemoth and a telecom communication firm ahead of the introduction of superfast 5G data service, which is expected to be up to 100 times faster than current mobile network services.
Though the decision makers are yet to fix any price for the video-streaming services, they have decided to offer a wide variety of content to subscribers including all the latest movies from the bouquet of Walt Disney Studios, Marvel Studios, Pixar and Lucasfilm. This is going to be the first video-streaming service in Japan to offer the latest titles of all four Disney studios mentioned above. News of the partnership first came out of the Mobile World Congress 2019 being held this week in Barcelona, Spain.
Joining hands with Docomo opens doors of many possibilities for Disney as the wireless carrier boasts of extensive presence in Japan. It has around 45 percent market share in the country with more than 70 million subscribers. What is even more important to note here is that Docomo is not the first wireless carrier in the country to sign a deal with an entertainment company. Last year, the second largest carrier of Japan, KDDI signed a deal with streaming media giant Netflix, offering a special data plan with unlimited access to the streaming platform. Third-largest carrier SoftBank has also offered Netflix subscriptions to its 40 million subscribers since the streamer launched in Japan in the year 2015.