8Aug/17Off
Disney to Pull Movies From Netflix, Launch Streaming Service
Disney said it will be pulling its movies from Netflix, will launch an ESPN streaming service early next year and will launch a Disney streaming service the year after that.
To help do all that, Disney will acquire a majority of BAMTech, the streaming technology company owned MLBAM, the internet company owned by Major League Baseball.
Disney CEO Bob Iger called the initiatives "a strategic shift in the way we distribute our content."
See the full story here: http://www.hollywoodreporter.com/news/disney-pull-movies-netflix-launch-streaming-service-1027793