DISNEY TO LAUNCH OWN STREAMING SERVICE IN 2019

Disney has announced its plans to ditch Netflix and launch its own streaming service in 2019. The Netflix-style service will feature Disney and Pixar movies as well as a selection of Disney Channel TV programs. The news comes following Disney’s majority share purchase of streaming technology and marketing company, BAMTech. Disney owns a 75% ownership stake in the company worth an estimated $2.6 billion USD.