December 28, 2017

Disney Will Soon Have 3 Ways to Compete With Netflix

The Walt Disney Company (NYSE:DIS) announced earlier this year that it would not be renewing its deal with Netflix, Inc. (NASDAQ:NFLX). The agreement, which brought films from the Marvel, Pixar, Lucasfilm, and Disney studios to the streaming giant, would be allowed to expire in 2019. This coincides with Disney’s plan to debut its own over-the-top service that same year, and the House of Mouse will now use those movies in support of its own streaming efforts. The company will also launch an ESPN-branded service in 2018.

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