Disney to launch its own streaming service

Disney will end its distribution deal with Netflix and launch its own streaming service, the company announced today. It intends to launch the service in 2019.

At the same time, it’s a natural step for Disney, which has a huge library of valuable movies and shows to offer. Disney’s streaming service will be built off technology from BAMTech, the MLB-founded video streaming platform.

Netflix won’t lose its Disney movies right away. Disney says it plans to cut Netflix off starting with the studio’s 2019 films, and Netflix says it’ll be able to keep all the Disney movies it gets through the end of that year. That means Netflix should be able to stream the next two Star Wars movies, but it’ll miss out on the new trilogy’s final installment.

The Disney-branded streaming service will be the “exclusive home in the US for subscription-video-on-demand viewing. In addition to creating a streaming service for Disney movies and TV shows, the company will also launch a streaming service exclusively for ESPN, targeted for a launch early next year.

PICTURE:Getty Images

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