Disney and Netflix Ending Agreement

After only debuting on Netflix less than a year ago, Disney announced that the media company does not plan to renew their agreement with the streaming giant to distribute future straight-out-of-the-theatre releases. The dissolution of this partnership will take place in 2019 with the releases of Toy Story 4 and the next movie in the Frozen franchise.

It appears that Disney is looking towards offering more direct-to-customer services in the near future. Adding fuel to these rumors is the fact that ending their partnership with Netflix coincides with Disney’s newly acquired majority stake in the media streaming company, BAMTech. This is a major acquisition seeing as BAMTech is in charge of many other major over-the-top streaming services such as MLB and WWE Network. This includes live, real-time streaming of live events.

Although new theatrical releases will not appear on Netflix, there is still a possibility that old Disney releases may remain on Netflix past 2019. Classic Disney releases are also likely to remain on Hulu, seeing as the entertainment empire has a stake in the television streaming service .

 

 

 

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