Disney to pull its Netflix content — Newsline

1:43 | Tech & Media         Bill Simmons' adjustment to life after ESPN

1:43 | Tech & Media Bill Simmons' adjustment to life after ESPN

Disney also plans to launch a streaming service for sports channel ESPN next year, and by 2019 its flagship streaming service is expected to go live. In a blog post following Disney's announcement, Greenfield lambasted the strategic steps the company and its Chief Executive Robert Iger have taken.

The other thing that makes a Marvel or Star Wars-branded service a possibility is that Disney now has the technical capabilities to make that happen - something that could have otherwise held up projects like this. It's been clear to us for a while with the future of this industry will be forged by direct relationships between content creators and consumers. The brand is one of the most recognizable in the world, with nearly 100 years of history behind it. Disney said it would pay $1.58 billion to acquire an additional 42 percent stake in BAMTech to bring its ownership to 75 percent.

The company also said it plans to nix its licensing deal with Netflix Inc. I'm sure many will, but will it be enough to sustain a full Disney streaming service? The sports streaming service will be under the ESPN name and will be available next year. We'll fully integrate the new subscription service into the same app as part of our strategy to create the premier digital destination for sports. Subscribers will also have access to a vast collection of films and television content from our library.

Ultimately, we envision this will become a dynamic sports marketplace that will grow and be increasingly customizable, allowing sports fans to pick and choose content that reflects their personal interests. Disney said that John Skipper, ESPN president and co-chairman of Disney Media Networks, will manage the new ESPN-branded service.

Diplomatic Relations With Cuba Deteriorating Rapidly
But diplomats said that after the U.S. and Cuba restored full diplomatic ties in 2015, the campaign of harassment stopped. Several of the diplomats were recent arrivals at the embassy.

Still, I have always felt the shift towards OTT always included the risk of fragmentation, with consumers having to sign up for too many services. Starz Entertainment in 2011 pulled roughly 1,000 films in the Starz catalog on Netflix at the time.

Bob Iger said that if a movie is Pixar or Disney-branded, it will probably appear exclusively on the new service - including shows and movies made specifically for the service. Once the deal closes, Iger will serve as chairman; MLBAM and National Hockey League will continue as minority stakeholders in BAMTech, with seats on the board.

And like CBS, the ultimate goal is to make this a worldwide service, though for now the focus appears to be on launching an initial service in the United States market. These announcements from Disney and CBS suggest that process is well underway. It will not offer the marquee live sporting events shown on its cable channels. In addition, they have great essentially customer management systems and technology.

Disney is saying goodbye to Netflix and will aggressively enter the crowded subscription streaming market. "NFLX's content investment likely assumed some non-renewals". This is going to be an interesting watch over the next few years. Key to this will also be BAMTech's platform - providing an advanced, personalised, global service isn't easy.

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