During an earnings report on Tuesday, Disney announced that it will be launching its own streaming service in two years, while ending their current deal with Netflix. Currently, the deal will have Disney, Pixar, and Marvel movies on Netflix until the end of 2018, with the first theater release of 2019 signifying the end of the partnership.
This news follows as Disney has taken a majority ownership of BAMTech, a digital media company that broke of from the MLB earlier this year. According to Bob Isner, CEO of Disney, BAMTech holds the ability for Disney to execute their dream of a streaming service.
This also comes with the news of a streaming ESPN service. This direct-to-consumer service would not require a cable or satellite subscription. It would also give viewers access to almost 10,000 sports games a year. Launching at the beginning of 2018, it will be available through the ESPN app.
via – MSN Money