The streaming service also offers plans that include Hulu and ESPN+.
In a cautionary tail, cable news network CNN in April shutdown its streaming service, CNN+, after just a month.
Building and growing an industry-leading streaming service has required Disney to incur high costs along the way.
Analysts at the bank said they were "bullish" on the streaming giant's new advertising tier to help churn, or the rate at which customers give up the streaming service.
Importantly, we are eager to hear Iger's position on the future of Disney's streaming service, given the recent change in leadership.