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Disney to launch streaming ser...

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Disney to launch streaming services

Jonathan Duane
Jonathan Duane

12:20 9 Aug 2017


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Walt Disney is planning to start its own online streaming services.

Disney's creating its own streaming service for films and live sports, and phasing out deals with companies like Netflix and Amazon.

The media giant says it will launch an ESPN-branded sports service early next year and a streaming subscription in 2019.

The firm also said it's ending a distribution deal with Netflix, after announcing a fall in quarterly profits.

This means the company's will end its American distribution deals from 2019, and its movies will end up on its own apps.

That will include "Toy Story 4" and the sequel to the huge hit "Frozen".

The company has not yet decided where it will distribute films from superhero studio Marvel and “Star Wars” producer Lucasfilm after 2018.

 


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