Disney to Pull Movies From Netflix, Launch Streaming Service

Disney said it will be pulling its movies from Netflix and will launch a Disney streaming service of its own in 2019.

 

It also said Tuesday it will launch an ESPN streaming service early next year.

 

Details of the Disney streaming service were sketchy Tuesday with CEO Bob Iger saying that if a movie is Pixar- or Disney-branded, it will probably appear exclusively on the new service — including shows and movies made specifically for the service — but the jury is still out on Marvel and Star Wars films.

 

ESPN has been losing TV subscribers for a few years and an online standalone product has been predicted for months, but ending a distribution agreement with Netflix beginning with the 2019 theatrical slate caught investors off guard, and Netflix shares quickly sunk 4 percent on the news in after-hours trading.

 

Disney made the announcements Tuesday while reporting quarterly earnings.

 

 

SOURCE

Posted in All Stories, Annoucer Blogs, Entertainment News, Kirby, News Tagged with: ,

+ Follow Us

+ Upcoming Events

  1. Indigenous Day LIVE At The Forks

    June 23 @ 11:00 am - 11:00 pm
  2. Downtown Night Market

    June 29 @ 4:00 pm - August 31 @ 11:00 pm
  3. Visit Us At The Mint on Canada Day!

    July 1 @ 9:00 am - 5:00 pm
  4. Iliza: Elder Millennial Tour

    July 21 @ 8:00 pm - 10:30 pm
  5. MOIST

    August 30 @ 8:00 pm - 10:00 pm

+ On-Air & Shows