The new announcement by Disney will eventually part its ways from Netflix. The company plans to pull its movies from the streaming site Netflix. Media analysts believe that Disney has to come to realize its global brand power. It wants to become what Netflix has become. A subscription based model is expanding not just to the US but the world over. The company wants to launch Disney streaming service.
When Can We See Disney Streaming Service?
Not anytime soon. It is an altogether different ballgame trying to launch a streaming service expandable to other parts of the world. Disney streaming service will come to fruition by 2019. By then, Disney would have moved all its content from the Netflix website.
Titles to Move from Netflix to Disney Streaming Service
The company aims to move Disney and Pixar titles to its new streaming service. Netflix says that it will have its titles available until the end of 2018. However, the Marvel TV shows will not move to the new Disney streaming service.
The new platform will host the fresh content by Disney. It will include among other titles “Frozen 2”, “Toy Story 4”, and the newer version of “The Lion King.” Since the company is planning to launch its streaming service, it will be making considerable investments into content generation. Reports suggest the company plans to invest money into creating TV series and exclusive movies.
Disney to Venture into ESPN Video Streaming
The company wants to go big and not miss any opportunity presenting itself to a larger audience. Therefore, the company also plans to launch ESPN video streaming service by early next year. The company intends to stream the service for its viewers around 10,000 sporting events each year. The ESPN video streaming service will cover high-profile sporting events like NHL, MLS, MLB, Grand Slams of Tennis, and Collegiate Sports.
Ownership of BAM and Streaming Technology
BAM Tech came out as a spin off, separating from the original business in 2015. The streaming service announced to have outside investors having stakes in the company. In August 2016, Disney bought 33 percent stake in it. Therefore, it feels ready regarding the availability of the streaming technology when launching services in 2019.
A Move Earlier by Netflix
Some media analysts believe that the announcement by Disney comes as a reaction to Netflix’s latest move. Netflix acquired the comic label Millarworld by Mark Millar. The move will provide Netflix with its comics. It will be able to adapt and change its content the way it likes for its audiences.
There were rumors of Netflix being acquired by Disney. It seems both are looking elsewhere to gain new strengths to become successful in delivering streaming services at a global scale. Disney knows it needs to work on the streaming technology and infrastructure. Netflix, on the contrary, wants to make its content more compelling, to attract and expand viewership.