Disney To Part Ways With Netflix And Start Own Steaming Service

X

Disney has announced it’ll be pulling its film content from Netflix’s library to start its own dedicated streaming service in 2019, a journey that begins today with the $1.58 billion acquisition of technology company BAMTech.

“The media landscape is increasingly defined by direct relationships between content creators and consumers, and our control of BAMTech’s full array of innovative technology will give us the power to forge those connections, along with the flexibility to quickly adapt to shifts in the market,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.

Disney plans to use its ESPN-branded multi-sport video streaming service in early 2018 before launching a Disney-branded direct-to-consumer streaming service in 2019.

According to Iger, “this acquisition and the launch of our direct-to-consumer services mark an entirely new growth strategy for the Company, one that takes advantage of the incredible opportunity that changing technology provides us to leverage the strength of our great brands.”

In preparation for the launch of their services, Disney says it will end its distribution agreement with Netflix for subscription streaming of new releases, beginning with the 2019 calendar year theatrical slate.

It’s understood that a number of Marvel’s television shows, such as DaredevilJessica Jones and The Defenders will continue to be available on Netflix.

The move casts Netflix’s acquisition of comics publisher Millarworld earlier this week in a new light.

MOTO 36331576 Q3 Ad Banners 728x90 2 Disney To Part Ways With Netflix And Start Own Steaming Service
appliance retailer leaderboard may 728x90 Hitachi updated Disney To Part Ways With Netflix And Start Own Steaming Service
Uniden Channelnews SoloX July 2024 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
Px7 S3 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
Marshall 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
JBL TourPro3 728x90 Disney To Part Ways With Netflix And Start Own Steaming Service
Flick of a switch 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
AU X8 Banner 728x90 Disney To Part Ways With Netflix And Start Own Steaming Service
BlueAnt 4SQM PumpAirUltra 728x90px Disney To Part Ways With Netflix And Start Own Steaming Service
GOTHAM 728px x 90px Disney To Part Ways With Netflix And Start Own Steaming Service
728 x 90 Disney To Part Ways With Netflix And Start Own Steaming Service
4Square Media Banner Ads Update at 5 July JSAU05JUL1 MR 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
Hisense KV BannerAd 728 90 Disney To Part Ways With Netflix And Start Own Steaming Service
Westan 728x90px Disney To Part Ways With Netflix And Start Own Steaming Service
250527 SAV Channel news June25 Leaderboard 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
4Square Media Banner Ads Update at 5 July JSAU05JUL1 Buddy 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
HAIER Series 600 FLW HPD Pairs 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
728x90 Disney To Part Ways With Netflix And Start Own Steaming Service
Skullcandy 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
728x90 Disney To Part Ways With Netflix And Start Own Steaming Service
FA 979 HN MDF SG14 14gen 728x90 1 Disney To Part Ways With Netflix And Start Own Steaming Service
BEL2535 BPB024 4SQ Banners 728x90 Disney To Part Ways With Netflix And Start Own Steaming Service
ChannelNews AZ100 728x90 Disney To Part Ways With Netflix And Start Own Steaming Service
FLOODLIGHT 2024 Banner 728x90px Disney To Part Ways With Netflix And Start Own Steaming Service
ELX DIG Crosscat Promo 728x90 Mar25 Disney To Part Ways With Netflix And Start Own Steaming Service

YOU MAY ALSO LIKE