We have some big news today.
Disney announced during its earnings report on Tuesday that all of its movies will be taken off of Netflix. The two corporate monoliths inked a deal back in 2012 stating that Disneys future properties would be available to stream on Netflix in 2016. Now all that has changed, and at the end of 2018, all Disney films will be taken down from the streaming giant. That includes all Pixar titles as well.
Instead of using Netflix, Disney intends to launch its very own super-deluxe streaming service in 2019 where potential customers will be able to stream their films. Details are light about this new service (it doesn’t even have a name yet) but we can assume it will include all Disney films currently on Netflix, like Rouge One: A Star Wars Story and Moana, and possibly more. After all, the Netflix-Disney deal only included films released after January 1, 2016, and Disney has one hell of a back-catalogue they could deploy onto this new streaming service.
In addition, Disney stated that they are planning “significant investment” into television series and movies available exclusively for this new platform. So on top of the cavalcade of Marvel movies, Star Wars films, and Disney-animated features, this platform will host original content.
Well, that’s a lot to take in. Just as we got used to the convenience of the our most popular blockbusters being available to stream, we’ll soon have them taken away. And what is this Disney streaming service? Will it have Disneys back-catalogue of films? What kind of original programming will we see on this new platform? Will there be any non-Disney movies available, like Netflix has? Or will this be more of an HBO styled approach? There are so many unaswered questions right now, and no answers in sight.
Still, it’s hard to be uninterested with such a big development like this. We’ll keep an eye out for any future updates to this story.[via CNBC]