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Netflix Won't Get Future 'Star Wars,' Marvel Films - And Streamer's Investors Shrug

Netflix Won't Get Future 'Star Wars,' Marvel Films - And Streamer's Investors Shrug”

Disney entered an agreement with Netflix a few years ago that would allow the streaming service to show new movies from its Disney, Pixar, Star Wars and Marvel brands, and that agreement officially began about a year ago. Iger said that a summer discussion with division leaders made him decide that "accelerating our controlling position in BAMTech (Disney's video streaming technology company) would be the smartest thing we could do to contend with the disruptive forces in the media space". "We've now decided we will put the Marvel and Star Wars movies on this app as well", Iger told attendees.

Disney is about to make a massive move into the direct-to-consumer avenue, and they're bringing all their best toys with them. It's unclear if content will cycle in and out of the app a la Netflix or the "Disney Vault" or whether the offerings will just continue to grow. The service is expected in late 2019 after Disney's current deal with Netflix expires. Analysts are expecting the company to earn $5.88 this year, according to Thomson Reuters I/B/E/S. "ESPN and Disney are two of them".

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"The studio will produce four to five original films exclusively for the app", Iger said.

'U.S. Netflix members will have access to Disney films on the service through the end of 2019, including all new films that are shown theatrically through the end of 2018, ' the company said in a statement.

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For Netflix, Disney's decision will add to the pressure for it to create appealing original content of its own in order to replace some of the high-profile franchise films it will lose starting in 2019. This is includes Daredevil, Jessica Jones, Luke Cage, Iron Fist, The Defenders and future Marvel-Netflix properties. And it remains to be seen how successful this launch is when compared to the likes of Netflix.

Apple iPhone 8 to be Priced Somewhere Around $999
Furthermore, unlike other companies, Apple is also selling its brand and this always inflates the price of any Apple-made product. Apple is also said to be planning updated versions of the iPhone 7 and 7 Plus , presumably dubbed iPhone 7s and iPhone 7s Plus.



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