Disney Breaks With Netflix: Potential Industry Consequences

Disney Breaks With Netflix: Potential Industry Consequences

As of the company’s recent earnings report, Disney has announced plans to launch a streaming service in 2019. In concert with this, the company will be pulling its Disney and Disney/Pixar branded content off of Netflix. CEO Bob Iger commented to CNBC that “This represents a big strategic shift for the company.” Disney feels that a direct-to-consumer branded service will “give [them] control of their destiny.” That said, as of right now, there are no…

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