Disney Is Starting Their Own Streaming Service

Disney is cutting ties with Netflix and will begin its own streaming service when their contract ends in 2019.

Disney's streaming service will include ESPN, Disney TV shows, Disney and Pixar Films.

CEO Bob Iger told CNBC's Julia Boorstin Disney had a "good relationship" with Netflix, but decided to exercise an option to move its content off the platform. Movies to be removed include Disney as well as Pixar's titles, according to Iger.  Marvel TV shows will remain for now.

The new platform will be the home for all Disney movies going forward, starting with the 2019 theatrical slate which includes "Toy Story 4," "Frozen 2," and the upcoming live-action "The Lion King." 

The set date and price for the streaming service has yet to be released. 


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