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Disney revealed the price and release date for the new service as well as what type of content you can expect to see on the service.

SALT LAKE CITY — Disney unveiled the first glimpse into Disney Plus on Thursday afternoon.

Disney revealed the price and release date for the new service as well as what type of content you can expect to see on the service.

“The service will offer fans of all ages a new way to experience the unparalleled content from the company’s iconic entertainment brands, including Disney, Pixar, Marvel, Star Wars and National Geographic, and will be available on connected TV and mobile devices,” according to a statement from Disney.

Disney CEO Bob Iger unveiled the details of Disney Plus to shareholders and investors on Thursday.

“Disney+ marks a bold step forward in an exciting new era for our company — one in which consumers will have a direct connection to the incredible array of creative content that is The Walt Disney Company’s hallmark. We are confident that the combination of our unrivaled storytelling, beloved brands, iconic franchises, and cutting-edge technology will make Disney+ a standout in the marketplace, and deliver significant value for consumers and shareholders alike,” Iger said.

Here are five big takeaways about Disney's announcement on Thursday.

1. Disney+ launches in November

The subscription service will launch on Nov. 12, according to Disney. This confirms a Wall Street Journal report from Wednesday that said Disney Plus would launch in November.

2. The cost is less than Netflix but not Hulu (kind of)

The service will cost $6.99, which is about half the price of a new Netflix subscription, which costs $12.99.

Of course, it's another added subscription service to add onto your monthly expenses. Disney Plus will be taking away the Marvel and "Star Wars" films, as well as any Disney content, from Netflix, which means consumers may need both products.

You can get a Hulu sharing plan for $5.99 per month but it comes with ads. An ad-free Hulu costs $11.99, according to PC Mag.

3. Disney Plus will release more than 25 original series and 10 original films, documentaries and specials.

Marvel will launch “The Falcon and Winter Soldier” starring Anthony Mackie as Falcon and Sebastian Stan as Winter Soldier. “WandaVision” will be a live-action series with Elizabeth Olsen as Wanda Maximoff and Paul Bettany as The Vision. “Marvel’s What If …?” will be an animated show based on a Marvel comic of the same name.

“Into the Unknown: Making Frozen 2” will be a documentary series about the making of “Frozen 2." “Forky Asks a Question” will be an animated short series and “Lamp Life” will be another Pixar animated short film.

“Star Wars: The Clone Wars” and “The Mandalorian” will launch for the “Star Wars” brand, along with an untitled Cassian Andor series.

“High School Musical: The Musical: The Series” will also launch with the service. Live action films “Lady and the Tramp,” “Noelle,” “Togo,” “Timmy Failure” and “Stargirl” will launch as well.

4. “The Simpsons” joins the fray, showing the Fox connection is real

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Disney will also add all 30 seasons of “The Simpsons” and family titles like “The Sound of Music,” “The Princess Bride” and “Malcolm in the Middle.” These are all Fox-owned programs that will join the Disney family after the Disney-21st Century deal, according to The Hollywood Reporter.

5. D

As CNN's Frank Pallotta said on Twitter, the $6.99 price will get you content from Marvel, "Star Wars," Pixar, Disney Animation, Disney live-action, Disney Channel, Fox films and TV shows and National Geographic. Not bad.