Disney to cut ties with Netflix and launch its own streaming service, as well as a platform for ESPN
Disney is going to go its own way when it comes to streaming, announcing Tuesday that it will be ending its distribution deal with Netflix. The company plans to launch its own branded streaming service in 2019 and will also debut an ESPN service early next year. The announcement came during Disney’s quarterly earnings report and was detailed in a news release from the media giant. The move is made possible by Disney’s acquisition of a majority stake in BAMTech, the streaming video arm founded by Major League Baseball. Disney acquired a 33-percent stake in BAMTech last year for $1… Read More