Disney announced introduction of own streaming service in 2019, ending deal with Netflix and acquiring majority stake in video streaming company BAMTech

Briefing

September 5, 2017

Briefing	End of Netflix Deal – Disney announced it will pull its movies from video streaming company Netflix at company’s August 2017 earnings report New Disney Streaming Service – Company plans to launch own Disney streaming service by 2019 in U.S. and around world New ESPN Streaming Service – Also announced debut of ESPN video streaming service in early 2018, which will feature 10,000 sporting events per year, including Major League Baseball, National Hockey League, Major League Soccer, Grand Slam tennis, and college sports BAMTech Acquisition – New streaming services will be based on technology from streaming company BAMTech, which Disney acquired an additional 42% stake from in August 2017, in addition to 33% it already owned in 2016
Accelerator	Content Creation, Sharing and Consumption
Market Disruption	Disrupted Incumbents
Business Model and Practices Business Model and Practices	Evolved Distribution Channels
Sector	Media and Entertainment
Organization	BAMTech LLC, Netflix Inc., Walt Disney Co.
Source	"The Walt Disney Company to acquire majority ownership of BAMTech," The Walt Disney Company, https://thewaltdisneycompany.com/; Castillo, M., "Disney will pull its movies from Netflix and start its own streaming services", CNBC, http://www.cnbc.com/; Richwine, L. and Venugopal, A., "Disney to pull movies from Netflix, plans own streaming service", Reuters, http://www.reuters.com/; AcceleratingBiz analysis
Original Publication Date	August 8, 2017

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