Disney announced that it will launch its own streaming services. This comes as a result of an acquisition and may affect some of the Disney-owned content that is available on Netflix.
The Walt Disney Company announced today that it has agreed to acquire majority ownership of BAMTech, LLC and will launch its ESPN-branded multi-sport streaming service in early 2018, followed by a new Disney-branded direct-to-consumer streaming service in 2019.
The ESPN-branded multi-sport service will offer a robust array of sports programming, featuring approximately 10,000 live regional, national, and international games and events a year, including Major League Baseball, National Hockey League, Major League Soccer, Grand Slam Tennis, and college sports. Individual sport packages will also be available for purchase, including MLB.TV, NHL.TV and MLS Live.
The new Disney-branded service will become the exclusive home in the United States for subscription-video-on-demand viewing of the newest live action and animated movies from Disney and Pixar, beginning with the 2019 theatrical slate, which includes Toy Story 4, the sequel to Frozen and The Lion King from Disney live-action, along with other highly anticipated movies.
Disney will also make a significant investment in an annual slate of original movies, TV shows, short-form content and other Disney-branded exclusives for the service. Additionally, the service will feature a vast collection of library content, including Disney and Pixar movies and Disney Channel, Disney Junior, and Disney XD television programming.
These upcoming changes will affect the content that is currently available on Netflix. Disney will end its distribution agreement with Netflix for subscription streaming of new releases, beginning with the 2019 calendar year theatrical slate.