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How Netflix Can Thrive After a Disney Divorce
0 Views • Aug 10, 2017
Description
Walt Disney’s chief executive, Robert A. Iger, unveiled on Tuesday a new strategic
plan aimed at the rapidly changing landscape of movie and TV consumption.
Time Warner’s pay-TV network HBO also once grew so popular that Hollywood studios got scared and started rival options.
The company will create its own direct-to-consumer streaming-video services, and
that means ditching Netflix starting with the 2019 theatrical releases of Pixar movies and others.
The company gets paid about $300 million a year from Netflix for about 10 movies, analysts at Morgan Stanley estimate.
What remains unclear is whether Marvel superhero and Lucasfilm “Star Wars” fare also will be taken away.
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