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Disney leaving Netflix

Disney leaving Netflix, to launch own streaming service soon
Disney leaving Netflix
The Walt Disney Company has just unveiled that its ESPN-branded video streaming service would debut in early 2018, followed one year later by a new direct-to-consumer Disney-branded service.

Netflix users should enjoy Disney-branded content while they still can because the popular brand is moving away and has plans to open its own streaming service in less than two years. 

The Walt Disney Company has just revealed the acquisition of a majority stake in BAMTech, LLC. The value of the deal is US$1.58 billion, a sum that accounts for 42 percent of BAMTech. However, Disney previously acquired a 33 percent stake, so now they are in complete control of this leading brand in direct-to-consumer streaming technology and marketing services.

Disney also announced that "[we] will launch its ESPN-branded multi-sport video streaming service in early 2018, followed by a new Disney-branded direct-to-consumer streaming service in 2019." 

There is no information about the subscription fees to expect from Disney's upcoming streaming service, but there is still plenty of time until it goes live. Until then, Disney fans can continue to enjoy the company's old and new releases via Netflix.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 08 > Disney leaving Netflix
Codrut Nistor, 2017-08- 9 (Update: 2017-08-10)
Codrut Nistor
Codrut Nistor - News Editor
Although I have been writing about new software and hardware for almost a decade, I consider myself to be old school. I always enjoy listening to music on CD or tape instead of digital files and I will not even get into the touchscreen vs physical keys debate. However, I also enjoy new technology, as I now have the chance to take a look at the future every day. I joined the Notebookcheck crew back in 2013 and I have no plans to leave the ship anytime soon.