Aug 8, 2017

Disney to start online streaming, bypassing Netflix

Media giant Walt Disney plans to start its own online streaming services for movies, shows and sports in a shift aimed at bringing productions directly to consumers. It will launch an ESPN-branded sports service early next year and a Disney streaming service in 2019. Disney boss Robert Iger said the streaming services "Mark the beginning of what will be an entirely new growth strategy for the company". The start dates are for the US service, but Mr Iger said Disney expects to make a similar push in other markets around the world. Netflix will lose access to streaming rights to new live action and animated movies from Disney and Pixar starting in 2019.

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