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Disney to Break Away From Netflix With its Own Streaming Service

posted by martyb on Thursday August 10 2017, @11:51AM   Printer-friendly
from the don't-cross-the-streams dept.

takyon writes:

Disney has announced that it will stop providing new movies to Netflix in 2019, in favor of its own streaming service:

Disney has decided it wants to create its own internet services built around its ESPN and Disney entertainment brands. As a result, Disney said it would stop making its newly released movies available to stream on Netflix beginning in 2019. That means Netflix Inc. has roughly 18 months to figure out how to replace fresh Disney and Pixar movies, which are popular draws for its subscribers. A Netflix executive has said Disney programs are responsible for something like 30 percent of Netflix viewing in the U.S. (Disney movies are available on Netflix only in the U.S. and Canada.)

[...] This Walt Disney Co. announcement may also explain why Netflix on Monday announced the first acquisition in its 20-year history, for a company that specializes in creating superhero characters. Netflix also has an arrangement with Disney's Marvel brand under which Marvel makes series exclusively for Netflix based on Marvel characters. That relationship is responsible for buzzy Netflix shows including "Daredevil" and "Luke Cage."

Also at Reuters, CNBC, and Walt Disney.

Previously: Netflix Acquires Comic Book Publisher Millarworld

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  • (Score: 2) by takyon on Thursday August 10 2017, @11:51PM

    by takyon (881) <takyonNO@SPAMsoylentnews.org> on Thursday August 10 2017, @11:51PM (#551949) Journal

    the Internet infrastructure was beginning to seriously complain about the strain of 24/7 streaming

    All indications are that will continue. Certainly splitting it up between Netflix and Disney Streaming Service while people continue to drop cable isn't going to slow "the strain" down.

    https://www.cisco.com/c/en/us/solutions/collateral/service-provider/visual-networking-index-vni/complete-white-paper-c11-481360.html [cisco.com]

    Global IP traffic will increase nearly threefold over the next 5 years, and will have increased 127-fold from 2005 to 2021. Overall, IP traffic will grow at a Compound Annual Growth Rate (CAGR) of 24 percent from 2016 to 2021.

    [...] Globally, IP video traffic will be 82 percent of all consumer Internet traffic by 2021, up from 73 percent in 2016. Global IP video traffic will grow threefold from 2016 to 2021, a CAGR of 26 percent. Internet video traffic will grow fourfold from 2016 to 2021, a CAGR of 31 percent.

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