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Disney to start its own streaming service in 2019.

Disney will be pulling its movies from Netflix by 2019 and starting their own direct to consumer streaming service. This announcement came during their latest earning reports on Tuesday.

All Disney movies including Pixar will be removed from Netflix by the end of 2018. Marvel tv shows will remain but the rumor is Disney, who acquired Marvel Entertainment for $4 billion in 2009, will create a standalone streaming service for Marvel titles. The upcoming Disney streaming service will be the home of all Disney movie and television properties. Disney will also be providing exclusive content for the platform.

 

Source: CNBC
FULL STORY: https://goo.gl/4bjZd9