Disney to pull its content from Netflix and launch its own streaming service

BetaNews
By Mark Wycislik-WilsonAug 9, 2017, 4:55 am82 pts
During its Q3 earnings report, Disney announced plans to launch its own streaming service in 2019. As part of this shift in business, the company will end its distribution agreement with Netflix. The company also announced that it has agreed to acquire an additional 42 percent stake in BAMTech. The $1.58…

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