Disney has announced it will cut ties with Netflix and Amazon in order to launch its own streaming service.
Netflix has made the following statement:
“The statement Disney made only impacts the US and only the pay one output deal for theatrical films. US Netflix members will have access to Disney films on the service through the end of 2019. This will include all new films that are shown theatrically through the end of 2018. We continue to do business with the Walt Disney Company on many fronts, including our ongoing relationship with Marvel TV.”
The studio is planning on revealing its own platform in 2019. After which time, Disney films and TV series will only be available to stream from there. It is not confirmed yet whether Marvel and Lucasfilm, which are both part of Disney Studios, will also be included in the service.
Although Disney’s streaming service is launching in the US, the chief executive has described it as a “global service”. “The launch of our direct-to-consumer services marks an entirely new strategy for the company,” he said. “One that takes advantage of the incredible opportunity that changing technology provides us to leverage the strength of our great brands.
The media giant is set to start its own online streaming services for films, shows and sports. They’ll launch an ESPN-branded sports service early next year and a streaming subscription by 2019. The studio has described the forthcoming service as 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.”
The new Disney platform will be the home for all movies in the future starting in 2019 with the Toy Story 4, Frozen 2 and the upcoming live-action remake of The Lion King.