In a move that shocked the internet, Disney has announced it will be cutting ties with Netflix in 2019 and shipping all its content to its own dedicated online streaming platform. In the U.S at least anyway.
“the exclusive home in the U.S. for subscription-video-on-demand viewing of the newest live action and animated movies from Disney and Pixar” in 2019. In addition, an ESPN streaming service is coming early next year, featuring something like 10,000 sporting events from the worlds of baseball, hockey, soccer, tennis, and more.
In a Statment to Deadline, Disney CEO Bob Iger said:
“We’ve got this unbelievably passionate base of Disney consumers worldwide, and in virtually all of our businesses — except theme parks — we’ve never had the opportunity to connect with them directly or know who they are,” he says. “It’s high time we got into the business…Once we do, the monetization possibilities are extraordinary for this company.”
There’s no decision yet on whether to include Marvel and Lucasfilms releases.
“There’s been talk about launching a proprietary Marvel service and Star Wars service,” Iger says. “But we’re mindful of the volume of product that would go into those services. And we want to be careful about that. We’ve also thought about including Marvel and Star Wars as part of the Disney-branded service. But there we want to be mindful of the Star Wars fan, the Marvel fan, and to what extent those fans either overlap with Disney fans or are completely separate and incremental to Disney. So it’s all in discussion.”
Disney enormous back catalogue alone is humongous, factor in Marvel and Lucasfilm properties along with the continuous content from its children channels and Disney becomes a massive problem for the industry leaders such as Netflix and Amazon.
An Even bigger problem for Netflix is the removal of the Marvel brand it will no longer be able to produce shows such as Daredevil, Iron Fist, and the Defenders.
Will the removal of the Marvel Licences be a major blow to Netflix? Will Disney’s impressive back catalouge be the end of other streaming services? Are there too many streaming services available to consumers? As always let us know your thoughts in the comments below