Disney said on Thursday its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of new and classic TV shows and movies from some of the world’s most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

Digital payments facilitator PayU Friday said it has acquired US-based financial technology firm Wibmo for $70 million (about Rs 484 crore).

PayU, the fintech arm of the South African media and tech conglomerate Naspers has acquired digital payments company Wibmo for $70 million.

Moving beyond online video content, Netflix is ready to launch its first radio broadcast channel called "Netflix Is A Joke" in the US from Monday. The channel will be available exclusively at number 93 on US-based satellite radio SiriusXM. It will be a full-time comedy channel featuring bits from the streaming platform's comedy specials, including performers like Ellen DeGeneres, Chris Rock and Dave Chappelle among others, The Verge reported on Wednesday.