Which Disney Shows and Movies Will Netflix Be Losing?
Like many breakups, the one between Walt Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX) might get a bit messy. The current deal, which began in 2016 and expires in 2019, gives Netflix exclusive streaming rights to all new Disney, Pixar, LucasFilm, and Marvel movies.
With Disney now planning to launch its own Netflix-like streaming service at some point in 2019, it won't be renewing its deal, at least for some of its movies. The company will no longer license Netflix any animated or live-action movies under its own Disney banner nor will it sell the streaming leader access to any Pixar films.
Disney CEO Robert Iger said during the company's Q3 earnings call that no decision has been made as to LucasFilm (Star Wars) or Marvel movies. He left the door open to continuing to license them to a partner like Netflix, but not necessarily Netflix, or for the company to start streaming services specifically for those properties.
Source: Fool.com
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