Disney to breakup with streaming major Netflix
- IndiaGlitz, [Wednesday,August 09 2017]
By 2019 Disney will part ways with online streaming major Netflix and set on its own path. Disney in their statement mentioned they have plans to open their own streaming network and will end services by 2019. The statement led to a fall in shares on both companies earlier on Tuesday.
By 2018 Disney will be launching an ESPN branded streaming feature and also its own service by 2019. Hit movies from Disney like Toy story, Frozen and many more will be available only on Disney streaming after the withdrawal.