Disney pulling content from Netflix — here comes Disneyflix!

❝ Disney is parting ways with Netflix…The company said that it will end its partnership with the streaming service in 2019.

Disney also announced it will launch its own streaming services…

❝ To that end, Disney is paying $1.58 billion for majority ownership of BAMTech…

Last August, Disney acquired a 33% stake in that company, which is a spinoff from Major League Baseball Advanced Media, for $1 billion.

Disney said it will launch an ESPN-branded streaming service in 2018, and a separate Disney-branded streaming service in 2019.

❝ The Disney service will be the only place where U.S. viewers can watch new live action and animated movies from Disney and Pixar, including “Toy Story 4,” the “Frozen” sequel and “The Lion King” live-action movie. It will also feature content from the Disney Channel, Disney Junior and Disney XD.

The ESPN-branded sports service will offer about 10,000 events a year, including live programming with regional, national and international games.

Cord-cutting is getting more interesting by the month.

30 thoughts on “Disney pulling content from Netflix — here comes Disneyflix!

  1. Kodak moment says:

    Cannes vs. Netflix Defines Fight for Cinema’s Future (Variety 4/19/18) http://variety.com/2018/voices/columns/cannes-netflix-fight-1202756317/
    “The Inside Story of Orson Welles’s Last Movie : After nearly 50 years, The Other Side of the Wind was finally finished and set to premiere this month at Cannes, until the ill-fated opus hit yet another hurdle.” (Vanity Fair 5/4/18) https://www.vanityfair.com/hollywood/2018/05/the-inside-story-of-orson-welles-last-movie

  2. Stay tuned says:

    “Netflix could be a surprise winner in Comcast and Disney’s bidding war for Fox” https://qz.com/1305545/how-netflix-could-be-a-surprise-winner-in-comcast-and-disneys-bidding-war-for-fox/
    Comcast offered $65 billion in cash [!] for Fox yesterday, topping Disney’s earlier $52 billion stock offer. Disney will likely counter, which could start a bidding war. …If Disney wins all, it would control about 40% of the box office, more than a dozen of the top US TV networks, and one of Netflix’s top US rivals, Hulu. (Disney and Comcast each own 30% of Hulu. Turner, soon to be in the hands of AT&T, owns the remaining 10%.) That’s a lot of content it could withhold from Netflix and use to prop up its competitors. Disney is ending its deal to send its new movies to Netflix in 2019, in preparation for its streaming service’s launch. And Netflix has been poaching creators from Disney, Fox, and elsewhere, signing them to long-term deals to shore up its own content pipeline. Meanwhile, Comcast’s entertainment arm, NBCUniversal, had been in early talks to start a streaming service with Warner Bros.—also soon to be owned by AT&T – which might not happen if Comcast buys Fox. Comcast, which would then gain the majority stake in Hulu, could also become a major streaming player down the line; it already sells a live-TV streaming service, Xfinity Stream, to broadband customers in some markets. But Disney’s standalone services are more immediate threats to Netflix because of the company’s breadth of TV and movies, and collection of popular franchises, like Star Wars, Marvel, and Pixar’s titles.

  3. Suavecito says:

    “How the Disney-Fox Deal Got DOJ’s Greenlight Quicker Than Expected” (Variety 6/27/18) https://variety.com/2018/politics/news/disney-fox-merger-justice-department-1202859900/ The next step in the Justice Department’s process is for the proposed settlement to be entered into the Federal Register. Then, anyone can file comments on the transaction during a 60-day comment period. It’ll be up to a federal judge to decide whether to sign off on the settlement.
    There also will be the ongoing question of what happens with Comcast — whether it will top Disney’s offer and its case would likely get the government’s green light as well.

  4. Uh-oh... says:

    “AT&T has been the proud owner of HBO for less than a month, and it is already considering an overhaul that would see HBO produce more video that can compete for the attention of smartphone users. AT&T wants to boost revenue both in advertising and subscriptions, even if that means upending HBO’s longtime strategy of producing a relatively small number of high-quality shows.” https://arstechnica.com/information-technology/2018/07/att-wants-to-overhaul-hbo-says-it-isnt-profitable-enough/ John Stankey, an AT&T executive who is now CEO of the company’s WarnerMedia division, formed after last month’s acquisition of Time Warner Inc., described his vision in an hour long “town hall meeting” with 150 employees. Audio of the meeting was obtained by The New York Times. https://www.nytimes.com/2018/07/08/business/media/hbo-att-merger.html

  5. McLuhan says:

    “Is Netflix Producing Too Much Content?” https://www.fool.com/investing/2018/07/11/is-netflix-producing-too-much-content.aspx “Netflix (NASDAQ:NFLX) is set to release over 1,000 original titles in 2018. The company provided an estimated budget of $7.5 billion to $8 billion on a profit and loss basis, but it’s spending even more on a cash basis because of the upfront costs of producing original titles. It could spend as much as $13 billion in cash, according to The Economist. Another estimate from Barclays put the number at $14 billion.
    But more isn’t always better. Analysts at Barclays recently voiced concerns that, “The deluge of originals on the service can worsen user experience by making content discovery more difficult.” That sentiment is further supported by Netflix’s move to increase its marketing budget over 50% to $2 billion this year.” However: “Everytime you log into Netflix, an algorithm helps filter the thousands of titles on Netflix and serve them up to you to make it easy to find something interesting. Netflix said its algorithms helped save the company over $1 billion in 2015, enabling it to spend less on content and improve subscriber retention.”
    “Netflix is now the most valuable media company in the world.” See “The Simple Theory That Led To Netflix’s Media Takeover” https://www.fool.com/investing/2018/06/17/the-simple-theory-that-led-to-netflixs-media-takeo.aspx

  6. Newton Minow says:

    “FCC wants to relax kids’ TV rules for the Netflix era” (Axios) https://www.axios.com/fcc-wants-to-relax-kids-tv-rules-for-the-netflix-era-e4f5ceb6-eacd-4694-b5b2-9f04507ebcc9.html
    [See chart “Change in time spent watching TV By U.S. age group, 2014–17”]
    In 1990, Congress passed the Children’s Television Act, a pesky regulation which requires broadcasters to air three hours of educational programming per week (with limited advertising) in order to maintain their license. Children’s programming must also meet certain “Kid Vid” requirements with respect to educational purpose, length and the time of day it is aired.

  7. Fujitake roll says:

    “Either the company [Netflix] will effectively replace television in hundreds of millions of households around the world, becoming the dominant media monopoly of the 21st century, or else it will go bust. What’s more, both of those outcomes are far too far in the future to be able to predict with any certainty: Every earnings report, every data point coming out of Netflix HQ, is entirely consistent with both stories.” https://slate.com/business/2018/07/why-netflixs-share-price-dropped.html

  8. 你算哪根葱 says:

    “Now that 21st Century Fox Inc. shareholders have signed off on the $71.3 billion sale of its entertainment assets to Walt Disney Co., some investors are already fretting about the next hurdle: regulatory clearance from China.” (Bloomberg 7/27/18) https://www.bloomberg.com/news/articles/2018-07-27/disney-investors-worry-beijing-could-be-tricky-fox-deal-hurdle
    “The deal, though already given a green light by the U.S. Department of Justice, still needs antitrust approval from 15 other regulators around the globe. That includes China’s State Administration for Market Regulation because a small proportion — less than 2 percent — of Fox’s revenue is generated in that country.
    Some investors are concerned that China might use this deal to retaliate against as much as $500 billion in import tariffs threatened by President Donald Trump, who called Fox co-chairman Rupert Murdoch to congratulate him when the transaction was unveiled in December.”

  9. TV says:

    “Jeffrey Katzenberg has brought in a clutch of major Hollywood companies as investors in WndrCo, the mobile-video venture the former DreamWorks Animation chief co-founded last year.” (Variety 7/26/18) “According to a CNN report, WndrCo has raised an additional $200 million from Disney, 21st Century Fox, Warner Bros., Entertainment One and other media companies. That brings WndrCo to a total of $1 billion raised to date, after the company disclosed in an SEC filing last year that it had raised nearly $600 million. Katzenberg started the venture after he left DreamWorks Animation the sale of the studio to Comcast. Other WndrCo backers include institutional investors in the U.S. and China, per the CNN report.
    …Katzenberg may not be done fundraising: When he shared his vision exclusively with Variety last year, he said he was seeking $2 billion to fund the venture. What WndrCo is building or intends to build, exactly, remains something of a mystery. Katzenberg has talked in broad strokes about the company to attacking the opportunity for what he’s dubbed “New TV”: premium short-form entertainment designed for mobile screens and younger viewers. He also raised the possibility of inking strategic distribution partnerships with a telco or major internet company. Earlier this year, Katzenberg hired Meg Whitman, former CEO of eBay and Hewlett Packard Enterprise, to lead WndrCo as chief exec.

  10. Ante up says:

    This morning, fresh off of a court victory that sealed its acquisition of Time Warner Inc. once and for all, AT&T announced wide-reaching changes to the structure of that company, now known as WarnerMedia. Robert Greenblatt, a former chairman at NBC Entertainment, has been brought on to run WarnerMedia Entertainment, a brand-new unit that folds Home Box Office, Inc. and Turner Broadcasting into one entity. Greenblatt will oversee HBO, TBS, TNT, and truTV. Equally as important, he’s also been tasked with heading up WarnerMedia’s direct-to-consumer business and the upcoming streaming service that AT&T hopes will prove a worthy foe to Netflix and kick off a new era of distribution for its robust breadth of content. https://www.theverge.com/2019/3/4/18250075/att-restructures-warnermedia-hbo-turner-streaming

  11. BMO says:

    “Disney’s long road to acquiring 21st Century Fox has almost reached its end, which means that fans of properties owned by either company will soon see their speculations paid out — and that Star-Wars-and-Marvel-owner Disney’s media dominance will only continue to grow. …According to CNBC, [chairman and CEO Bob] Iger confirmed that Disney+ (the company’s upcoming streaming service) will include movies from Disney’s “vault” – those older films sometimes withheld from public purchase. While the company’s policy had previously been to store its animated fare in this “vault” after a few years of availability, Iger has now said that the company’s “entire motion picture library” will eventually be on the service.”
    On Monday the Securities and Exchange Commission weighs in on the $70B+ deal.

  12. buy buy, baby says:

    Fox Employees ‘Walking on Eggshells’ as Heavy Layoffs Continue Under Disney (The Wrap 3/22/19) https://www.thewrap.com/fox-employees-layoffs-reaction-disney-new-leadership/ “When Disney executives visit the Fox lot in Century City, the home of their newly acquired TV and film studios, they’re greeted by a big new banner that says “Welcome to Fox” and doors newly painted with the word “FOX.”
    It’s not so much a welcome as a way of marking territory, one Fox insider told TheWrap Friday, three days after Disney closed its $71.3 billion acquisition of 21st Century Fox’s film and TV assets — and two days after it started layoffs that are expected to cost as many as 4,000 Fox employees their jobs.
    The insider said the banner and “FOX” logos, which went up Thursday, were a way of reminding Disney that under the new deal, it is renting the Century City property from Fox: “This is still our lot.”

  13. Update says:

    “Netflix is growing with no apparent end in sight. With monthly increases in earnings, subscribers, and available movies and shows, the digital platform giant has seen quite the positive trajectory. What else does the streaming service have up its sleeve for this year?”
    https://www.trillmag.com/37155/tv-film/netflix-makes-power-moves-and-is-set-to-acquire-iconic-egyptian-theatre/ “Six months ago, Netflix announced plans to buy a production studio in Albuquerque, New Mexico. The massive facility would allow Netflix to shoot and create their original shows from one central location. Up next on the docket for the media provider? Buying Hollywood Boulevard’s iconic Egyptian Theater. Netflix is not playing games, folks. For its first theater-buy ever, the platform stands to cough up $10 million.”

  14. What if... says:

    “The production company from President and Mrs. Obama, Higher Ground, has unveiled its first lineup of Netflix shows roughly a year after forging a deal with the streaming giant. The initial seven-show catalog will take “several years” to arrive, but is unsurprisingly an optimistic mix of shows that exemplify “resilience, determination, and hope” and focus on “transcending divides to bring us together.” Not that they’re all squeaky-clean — some of them explore difficult subjects.” https://www.engadget.com/2019/04/30/obamas-production-company-netflix-shows/
    ‘Give the public what they want and they’ll come out for it.’ Harry Cohn, who co-founded Columbia Pictures Corporation with his brother Jack and ran the studio for more than thirty years.

    • Update says:

      “Obamas’ debut Netflix documentary slammed as ‘lefty propaganda,’ an attack on Trump” (Fox News 8/20/19) https://www.foxnews.com/entertainment/obamas-netflix-documentary-american-factory
      “American Factory” Official Trailer https://www.netflix.com/title/81090071

      “Cultures collide. Hope survives. When a Chinese billionaire re-opens a factory and hires two thousand blue-collar Americans, early days of hope and optimism give way to setbacks as high-tech China clashes with working-class America.”
      Netflix acquired “American Factory” from Participant Media out of the 2019 Sundance Film Festival, where it won the documentary directing award.
      “American Factory” hits the streaming service on Aug. 21.

  15. Keepsies says:

    Netflix has now lost two of its most popular shows as old media companies flex their muscle https://www.cnbc.com/2019/07/09/netflix-faces-new-competition-as-old-media-companies-flex-their-muscle.html ‘…Disney, AT&T’s WarnerMedia, and Comcast’s NBCUniversal are all launching direct-to-consumer streaming services by the first quarter of 2020. And they’re all coming after Netflix.
    Sure, there will be enough consumer dollars to go around for Netflix to keep its massive subscriber base, 155 million globally, growing. But there’s little doubt that part of the motivation of legacy media companies embracing subscription streaming services is to capture some of Netflix’s valuation — or bring CEO Reed Hastings’ behemoth back down to earth.”

  16. Ante up says:

    ‘Game of Thrones’ Creators Close $200M Netflix Overall Deal https://www.hollywoodreporter.com/live-feed/game-thrones-creators-close-200m-netflix-deal-1230119
    Disney Blindsided by Fox Box Office Struggles: ‘Well Below What We Thought It Would Be’ : Fox’s film business had a $170 million operating loss driven by “Dark Phoenix” https://www.thewrap.com/disney-fox-dark-phoenix-box-office-struggles/
    Disney Will Offer Disney+, ESPN+ and Hulu Bundle for $12.99 https://www.complex.com/pop-culture/2019/08/disney-plus-hulu-espn-plus-bundle-offer
    Disney’s Avengers Spell Endgame for Netflix https://www.forbes.com/sites/greatspeculations/2019/08/07/disneys-avengers-spell-endgame-for-netflix/#eb483c83dead

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