Today Disney announced it will be pulling its movies from Netflix. The company will be introducing a streaming service of its own in 2019.
Details of the new Disney streaming service are just coming in. CEO Bob Iger announced that if a film is Pixar– or Disney-branded, it will probably appear exclusively on their new service. No word yet on Marvel and Star Wars films.
Disney also owns part of Hulu, and Disney execs said an existing multiyear deal putting Mulan, Pocahontas and others on Hulu will not be affected by Disney’s new upcoming streaming platform.
Disney broke the news today while reporting quarterly earnings.