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Disney, said it will be pulling its movies from Netflix and will launch a Disney streaming service💻 of its own in 2019.
It also said it will launch an ESPN streaming service early next year.
To help do all that, Disney will acquire a majority of BAMTech, the streaming technology company owned by MLBAM, the internet company owned by Major League Baseball.
Disney already owned a stake in BAMTech but will pay $1.58 billion for an additional 42%.
Details of the Disney streaming service were sketchy, with CEO Bob Iger saying that if a movie is Pixar- or Disney-branded, it will probably appear exclusively on the new service — including shows and movies made specifically for the service — but the jury is still out on Marvel and Star Wars films.
UCJ, UNILORIN.
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