Disney to Include Star Wars, Marvel on New Streaming Service

Disney streaming service to get ‘Star Wars’ and Marvel

Disney streaming service to get ‘Star Wars’ and Marvel

Netflix has been ramping up its original offerings in an effort to reduce their dependency on licensing content like Disney hits Zootopia, Finding Dory, and Rogue One.

The announcement ends speculation about what would happen to the Marvel and Lucasfilm titles now being streamed on Netflix.

Disney also plans to launch original content and an ESPN streaming service, according to the company.

Disney CEO Bob Iger announced the additions at an investment conference Thursday.

Netflix can't be happy right now. On the TV side, we're going to create four to five Disney-branded TV series for the app.

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March 3, 2017: The OPCW says it is examining allegations of eight toxic gas attacks in Syria since the beginning of the year. The report also said the ongoing offensive to repel Daesh has displaced more than 190,000 people in Raqqa.

As much as we love Disney and their properties, subscribing to another service just adds more to the bill.

At the time, it was uncertain whether the Marvel and new Star Wars movies, which are now available to stream on Netflix thanks to an exclusive deal the company struck with Disney this year, would stick around the popular streaming service. And it remains to be seen how successful this launch is when compared to the likes of Netflix. The disposition of the Star Wars and Marvel movie franchises has not been announced previously.

Meanwhile, separately from the Disney movie pact, Netflix has a multiyear deal with Marvel for original series based on Marvel's street-hero characters, including "Daredevil", "Jessica Jones", "Luke Cage" and "Iron Fist". Higher costs related to a new N.B.A. programming deal and the lack of a major "Star Wars" movie will contribute to Disney's flat 2017 results.

Disney hasn't said yet if another Marvel TV show - "Marvel's Agents of S.H.I.E.L.D." on ABC - would make the exclusive jump from Netflix to its upcoming streaming platform.

Disney shares fell 4 percent after his remarks, to about $97.51 in midday trading.

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