Disney plans to release Mulan on its Disney+ streaming site this year and launch a new streaming service outside the US next year as it tries to build on its early streaming success.
The new service will operate under the Star brand and stream a wider variety of content than Disney+.
The firm said Disney+ had already attracted 60.5 million subscribers.
But the media giant reported enormous losses due to the pandemic as its theme parks closed.
Disney lost $4.7bn (£3.6bn) in the three months to 27 June ... Read even more