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Disney To End Netflix Deal in 2019 for its Own Streaming Service

Disney To End Netflix Deal in 2019 for its Own Streaming Service

Well, Disney has announced to move past Netflix and have its own streaming service in 2019. But does that mean that Disney fans won’t be able to watch their favorite movie on Netflix from then onwards? Partially true.

This is true because people in the United States won’t be able to view the likes of Frozen and other movies once Disney App take over exclusive rights of Disney and Pixar movie. However, this won’t affect Netflix users around the world.

Disney said that its new streaming service will be available in different markets but hasn’t shared details of the countries on the list.

Why Disney is Launching its Own Streaming App

This has to do with some takeover. Disney has recently bought a stake of $1.6 billion in streaming service BAMTech which makes its ownership increase from 33% to 75%.

Moreover, the company wants to earn more profit by coming in direct access with consumers for its massive content library.

Not only the media giant will have its own streaming service for its content, but will also be launching a separate ESPN-branded streaming service next year. This will host streams from various college sports networks and is a rebuilt of the ESPN app.

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