Tuesday, August 8, 2017

Disney pulls the plug on Netflix deal to start its own streaming platform

Disney executives today announced the company would be pulling its movies from Netflix in favor of its own streaming platform. The plan is for a branded direct-to-consumer streaming service that will hit your US living rooms in 2019, before expanding globally shortly after. I think the bulk of us could do without “High School Musical” or “Airbud,” but Disney’s decision has implications far exceeding adolescent B-movies. The company owns Pixar and ESPN as well, both of which have content currently on Netflix. ESPN is particularly interesting. Disney plans to launch its own ESPN streaming service early next year. And telecoms…

This story continues at The Next Web

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