We'll pick it up right there. I'm Melissa Lee and this is Fast Money.

Tonight's trader line up, Karen Barnum, Guy Dami, Dan Nathan, and Tim Seymour.

Let's get straight to it. We are getting headlines out of the Disney Investor Day.

The company's streaming service front and center at this year's meeting

some staggering numbers unveiled so far. Let's get straight to Julia Borsen who's got

all the details. Julia.

Melissa, that's right, the streaming service at front and center and the message from Disney CEO Bob Chapeck as well as from

Karim Daniel who's in charge of the distribution of all of Disney's content is that the streaming

direct-to-consumer content is that the streaming direct to consumer model is working.

The company announcing 86.8 million subscribers to Disney Plus.

Now that is up from 73.7 million announced at the end of the last quarter. So meaningful

growth as they've rolled out to Latin America. They're also talking about a

new distribution deal with Comcast saying that these distribution deals having easy access

through the likes of Apple has been really crucial for their growth in this

partnership with Comcast on his X1 platform will also be instrumental and a lot of talk right now about the amount

of exclusive content that's going to be on Disney Plus.

They say over the next few years roughly 10 Marvel series, 10 Star Wars series, 15 Disney

live action series as well as films from Disney Animation in Pixar.

And then, Melissa, as to the question of what happens to the movie theaters,

they say the key thing about this reorg is they are able to be

nimble and decide which films should go wear on a case-by-case basis, so not

making any big commitments. But they did say there will be some films that go into theaters for

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