Disney is stepping into the streaming ring against Netflix this year, and the company finally revealed the details of its upcoming streaming service, Disney Plus, during its investor day on Thursday.

Disney Plus will launch on November 12 this year. It will cost subscribers $6.99 a month or $69.99 a year ($5.83 per month) at launch. Unlike Hulu, it will not have an ad-supported option. Its original movies and TV shows will include Marvel, “Star Wars,” Pixar, and National Geographic content, and all content will be available to be downloaded for offline use.

For pricing comparison, Netflix recently rolled out its biggest price increase ever in the US. The streaming giant’s most basic plan increased from $8 to $9 this month, while its most popular plan rose from $11 to $13. An Amazon Prime Video subscription is $8.99 a month, and Hulu without ads is $11.99 a month ($5.99 with ads).

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