4:35 pm EDT, August 8, 2017

Disney announces plans to leave Netflix, launch their own streaming service

Welp! That new deal in which all of Disney’s newest movies went to Netflix didn’t last long. The Mouse is starting his own streaming service that’ll launch in two years.

Disney announced on Tuesday that they’ve acquired a majority stake in BAMTech, a streaming technology company, and they’ll be using their new investment to start a Disney-flix. The service will launch in 2019.

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Disney also announced a new ESPN streaming service which’ll launch in early 2018.

Presumably Disney’s currently deal with Netflix runs through 2018, else they’d aim to launch their own streaming service sooner. Rogue One was the latest Disney film to premiere on Netflix before anywhere else. Since last year, all of Disney’s theatrical releases have gone to Netflix (search your app for Captain America: Civil War, Pete’s Dragon, Zootopia, The BFG,, Moana, and The Jungle Book). It’s been pretty sweet.

On the other hand, one has to assume that the Disney streaming service will have all of their movies. Unlike Netflix, who just has the new ones (and some random old ones). So that’ll be cool! And another monthly bill to add to our credit cards…

In a press release, Disney notes that their streaming service will start with their 2019 slate which includes “Toy Story 4, the sequel to Frozen, and The Lion King from Disney live-action, along with other highly anticipated movies.”

“Disney will also make a significant investment in an annual slate of original movies, TV shows, short-form content and other Disney-branded exclusives for the service,” they write. “Additionally, the service will feature a vast collection of library content, including Disney and Pixar movies and Disney Channel, Disney Junior and Disney XD television programming.”

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