Disney to Pull Content From Netflix

Disney will ditch Netflix in 2019 and launch its own streaming service

That's a lot of entertainment to mine with over 70 years of movies and TV shows the company can now put into its own Mouse House. The point of streaming is we don't need cable and we get to watch what we want when we want to.

Aside from offering all their latest releases as well as the back catalogue of all Disney movies, you will also be able to watch Pixar movies and if you like their TV shows, content from Disney XD and the Disney Channel.

Disney CEO Bob Iger called the launch of this service "a significant strategic shift for us", stressing that the service allowed the company to connect directly with Disney consumers worldwide, resulting in tremendous potential for new revenues. Viewers will have to wait and see whether Disney's "declaration of independence" pays off, and what exciting new measures Netflix will take to handle the blow.

Greenfield is expecting Disney to lose up to $2 billion a year as it foregoes third-party revenue and invests heavily to build up content and start a streaming service from scratch.

There will be one streaming service for sports and another for films and television shows, the company announced on Tuesday.

As a replacement for Netflix, Disney introduces a new platform which will serve as a home for all films of Disney as well as its future movies.

The new Disney-branded service will become the exclusive home in the USA for subscription-video-on-demand viewing of live action and animated movies from Disney and Pixar, beginning with the 2019 theatrical slate, which includes Toy Story 4, the sequel to Frozen, and The Lion King from Disney live-action.

'Tell my family I love them'
Malcolm Antwan Orr, 29 was caught on an officer's eyeglass camera refusing to obey orders before whipping out a gun and firing. However, Smith suddenly noticed the man put his hand in the pocket that suggested that he was carrying a weapon.

In order for the company to make these services happen, The Verge claimed that Disney will take a majority ownership of BAMTech for an amount of $1.58 billion.

The new Disney-branded service will become the exclusive home in the US for subscription-video-on-demand viewing of the newest live action and animated movies from Disney and Pixar, beginning with the 2019 theatrical slate, which includes Toy Story 4, the sequel to Frozen, and The Lion King from Disney live-action, along with other highly anticipated movies.

According to a spokesperson, Marvel TV series like "Luke Cage", "Jessica Jones" and "The Punisher" will continue to live on Netflix - for now.

The news is certainly a blow for Netflix - shares have fallen 4% in light of the news.

Moana - Disney said "You're Welcome" when it gave Netflix Moana, but evidently being polite didn't go very far.

The moves set a clear course for the media giant to launch Netflix-style direct-to-consumer internet services from ESPN and Disney.

The Disney announcement follows a similar announcement from CBS Corp. Disney will draw on its own content from its film and television catalog for its consumer channel, and offer a sports service which could fill a gap by delivering live sporting events.

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