Disney's future is becoming clearer—and that's going to mean developing its own platforms to reach consumers.
Step one—break off its relationship with Netflix.
Disney announced on Tuesday that it will pull its movies off the Netflix platform, marking the end of a multi-year relationship that helped Netflix grow into a dominant at-home entertainment company.
Step two—start its own streaming platform.
Disney also said that it is planning its own Netflix-style service that will debut in 2019.
In addition to a Disney streaming service, ESPN—the sports cable behemoth—will also launch its own streaming service. Such a move has been rumored for a while, now Disney is making it official. Read more...
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