Kennedy made the announcement during Disney's Investor Day, as a raft of details about the company's streaming plans were revealed.
The service will launch on November 12, 2019 and it will cost $6.99 a month. Subscribers will be able to download all of the shows and movies on Disney's service to watch offline.
Disney+, which is Disney's first foray into direct-to-consumer streaming service, will debut exclusively in the US sometime this fall. This includes all 30 seasons of The Simpsons (totalling more than 650 episodes), as well as at least the first episode of the new Star Wars show The Mandalorian.
Disney+ will become available to subscribers in the United States on Tuesday, Nov. 12. The extensive Disney+ library, including Mary Poppins, Alice in Wonderland (2010) and much more will all be available the day the streaming service launches.
"Disney+ marks a bold step forward in an exciting new era for our company - one in which consumers will have a direct connection to the incredible array of creative content that is The Walt Disney Company's hallmark".
During today's presentation, the Company unveiled a first look at the Disney+ offering, which will launch in the USA on November 12, 2019 at $6.99 per month.
A ton of content will be available when the service launches and within the first year, there will be more than 25 original series and 10 original films, documentaries, and specials released.
Earlier this week, the company announced it will premiere a "Monsters, Inc." spin-off TV series to on the streaming service in 2020.
In a January regulatory filing, Disney reported losses of more than US$1 billion for streaming-related investments in Hulu and technology company BAMtech. The show will be based on Luna's character, Cassian Andor.
Captain Marvel will be available on the service from Day 1.
Disney will also be launching a bunch of limited-series TV shows based on the Marvel Cinematic Universe: There's WandaVision, starring Elizabeth Olsen and Paul Bettany; The Falcon and the Winter Soldier, starring Anthony Mackie and Sebastian Stan; and a Loki show with Tom Hiddleston.
First up, you can see the logo for The Mandalorian on both the main page for Disney+ and the dedicated Star Wars page.
Disney+ will host hours of content from the National Geographic Channel, as well.