Earlier last week, Disney made an announcement that pretty much shook the streaming service industry to its core. Disney announced that the studio would be cutting ties with Netflix and heading out into the streaming world on their own. They would be developing their own streaming platform.
Disney CEO Bob Iger said on Tuesday, “We’re building direct-to-consumer Disney service. We’ve had a good relationship with Netflix. They have been distributing in the pay window Disney-branded movies and Pixar-branded movies, Marvel, and Star Wars. We had a deal that gave us the option to move our films from the Netflix platform to somewhere else — starting with the calendar year 2019 slate and that’s what we’re doing. So we’re creating a Disney-branded service that will have those movies on it, and if you look at the 2019 slate, it includes Frozen 2, Toy Story 4, and a live-action remake of Lion King.”
In his statement, he mentions Lucasfilm and Marvel as well, however, it has been reported that these two studios could possibly stay with Netflix. During an interview with Reuters, chief content officer Ted Sarandos stated that Netflix remains in “active discussions” with Disney in hopes of finalizing a deal to keep the Lucasfilm and Marvel movies after Disney’s 2019 departure from the streaming service.
Landing rights to Lucasfilm and Marvel movies would clearly be extremely beneficial for Netflix, especially considering that they have a multi-year deal with Marvel, separate from Disney, for their original programmings such as Iron Fist, Daredevil, Jessica Jones and Luke Cage.
We’ll have to wait and see how it all plays out. What do you think of the deal? Do you currently have a Netflix account? Would you be willing to sign up for Disney’s streaming service in order to watch Lucasfilm and Marvel movies? Let us know your thoughts in the comment section below.