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Disney is to pull all of its movies from Netflix and start its own streaming service, it has been revealed.
The new Disney branded direct-to-consumer streaming service will launch in 2019.
Company - ESPN - Video - Service
The company will also launch its own ESPN video streaming service in early 2018.
The platform, which will feature about 10,000 sporting events each year, will have content from the MLB, NHL, MLS, collegiate sports and tennis' Grand Slam events.
Plan - Disney - ESPN - Services - Purchase
The current plan is for Disney and ESPN streaming services to be available for purchase directly from Disney and ESPN, in app stores, and from authorized pay-TV partners.
'This represents a big strategic shift for the company,' CEO Bob Iger told CNBC's Julia Boorstin.
Control - Platform - Percent - Year
'We felt that having control of a platform we've been very impressed with after buying 33 percent of it a year...
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