Thread: VOD Netflix/Streaming Services
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Old 10-08-2017, 23:43   #3582
1andrew1
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Re: Netflix/Streaming Services
Walt Disney to launch its own streaming services beginning with ESPN
Quote:
The Walt Disney Company will acquire majority ownership of BAMTech and 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.
As a result, Disney will end its distribution agreement with Netflix for subscription streaming of new releases, beginning with the 2019 calendar year theatrical slate.
http://www.broadbandtvnews.com/2017/...g-ott-service/

Quote:
In a major strategic shift, Disney announced on Tuesday it would launch a sports-themed ESPN streaming service next year followed by a similar offering with Disney and Pixar movies and television shows in 2019.
While many analysts lauded the effort's long-term goals, uncertainty about Disney's ability to make up for lost revenue from Netflix Inc (NFLX.O) and other sources worried investors. Disney shares closed down 4 percent on Wednesday.
Most believe Disney needed to respond to the migration of viewers from pay-TV packages to digital options sold a la carte, a shift that has hurt the company's cash cow, ESPN.
http://uk.reuters.com/article/us-wal...KBN1AP1K2?il=0
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