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Disney CEO has discussed the production costs associated with making series one of ‘The Mandalorian’ for Disney+ at the Vanity Fair Summit.

The series cost “around $100 million” to produce, Disney CEO Bob Iger said during the Vanity Fair Summit on Tuesday. At eight episodes, that makes each episode’s budget around $12.5 million. The Hollywood Reporter reported last week that the series cost $15 million an episode.

But it’s still less expensive than the Disney Plus Marvel shows that are in development. “The Falcon and the Winter Soldier,” “WandaVision,” and “Hawkeye” each cost $25 million an episode, according to THR. Variety had previously reported that the shows would be six to eight episodes long, so each series could cost between $150 million and $200 million.

Disney is projecting a 2020 original programming budget “short of $1 billion,” according to THR.

The budget for “The Mandalorian” is also less money than what Apple is dropping on some of its TV shows for its own streaming platform, Apple TV Plus, which launches November 1.