In a recent earnings announcement, Disney revealed plans to sever ties with Netflix, pulling its films from the platform by the end of 2018. Instead, the entertainment giant is gearing up to launch its own streaming service, a move that may leave many parents groaning at the thought of yet another subscription to juggle.
Starting in 2019, Disney’s new direct-to-consumer service will initially be available in the U.S. and will expand globally over time. This platform aims to host all Disney classics, including highly anticipated titles like “Toy Story 4,” “Frozen 2,” and a new live-action adaptation of “The Lion King.” Furthermore, Disney has committed to investing significantly in exclusive content, including movies and TV shows tailored for the service.
While Marvel TV shows will remain on Netflix, this transition could change how families access beloved Disney content. The announcement caused a dip in Netflix’s stock, which dropped by 5 percent—a reflection of parents calculating the costs of future Disney movie purchases once the streaming magic disappears.
On top of this, Disney is also launching a dedicated ESPN streaming service next year, boasting around 10,000 live sporting events, from professional baseball to collegiate sports.
Yes, this new Disney venture will undoubtedly be a treasure trove for families with little ones. However, the convenience of having all our favorite shows under one roof for a single price will be sorely missed. Budgeting for both services may become essential, but we’ll likely find a way to make it work, right?
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In conclusion, while the departure of Disney films from Netflix might be a blow to convenience, the launch of their own streaming service could ultimately provide a more focused and enriching experience for fans of all ages.