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Disney Executive Says New Streaming Service Isn't An Attempt To Hurt Netflix
Netflix has been making headlines for several years now, thanks to the way it has disrupted the TV, home entertainment and more recently, movie ecosystems. Netflix has some streaming competition thanks to the likes of Hulu and Amazon Prime, but it will be getting even more competition in the near future as Disney unveils two streaming services: One dedicated to sports and a second dedicated to other Disney-owned content. The services will be brand new competition in the streaming realm, and Disney has enough money and content to back a good streaming product from the get-go. But if you ask Disney CSO Kevin Mayer, the product wasn't designed to dominate Netflix. He said:
I personally like Netflix. They've got a great product. They do exceedingly well in the marketplace. What we're doing, we're not trying to hurt or kill Netflix.
The reason there has been some talk on the interwebs about Disney trying to take on Netflix may have something to do with the current deal Disney has with Netflix, as well as the fact that deal with Netflix will be ending sooner rather than later. Soon after Disney announced its two new streaming products, the company also decided that it would let its deal with Netflix lapse at the end of the current window. That deal currently goes through 2018, so if you hop over to Netflix right now, you'll find Disney content on the platform, including Marvel and animated stuff. The Marvel and Netflix collaborations, including shows like Daredevil and Jessica Jones, will continue to remain on Netflix even after the deal ends.
So, in a sense, Disney is still going to play ball with Netflix, just not to the same extent that it currently is. Disney is also currently trying to buy a chunk of Fox's TV and movie arm, which would give the company access to even more content for both the sports and originals streaming services, and thereby increase the abilities of the services to compete with the likes of Netflix. However, per Kevin Mayer, the goal is not to kill the competition, whether that be Netflix or the more traditional TV model. Speaking at the Code Media Conference (via Deadline), Mayer also noted that the goal is to make sure Disney doesn't fall behind with all of the options out there. He also said:
We're well served by the pay TV ecosystem. Tens of millions of consumers are well served by it. But we also want to offer consumers the options to buy more, and set us up for the future.
Hulu will also be retaining some Disney-owned content, so there are and will continue to be Disney offerings on that streaming service, as well. If the Disney and Fox deal goes through, the company would own about 60% of Hulu in total, so it makes sense to want to help that platform thrive. Still, it will be interesting to see how both of Disney's new streaming services end up panning out. We don't know much about what to expect from either service, including its cost, although Disney has said no R-rated content will be available on the originals streaming site. In addition, we know some originals, including new Star Wars content, will be heading to the platform. Mayer also said the new sports streaming will focus on events that users will not be able to find elsewhere -- things like the French Open or random soccer events we wouldn't otherwise get.
Both services sound cool, but only time will tell if the majority of U.S. households will be willing to purchase more streaming services. Plenty of households already subscribe to multiple streaming services, and some stream on top of a traditional cable package. The sports service is expected to hit homes later this year followed by the original content service in 2019.
Hallelujer and goodnight, because A Madea Family Funeral will be Tyler Perry's last time as his signature character. Subscribe To Tyler Perry Says Madea Is Always Very Alive in His Head Updates close
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The nominees for the 2019 Academy Awards have been announced! Big Stick actor Kumail Nanjiani and Black-ish actress Tracee Ellis Ross did the honors of unveiling the Oscar contenders for all 24 categories early Tuesday morning (January 22).
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That Time Paul Rudd Asked People To Punch Him In The Ant-Man Suit To Scratch An Itch Add 'unscratchable itches' to the long list of reasons that playing a superhero and wearing the costume is much
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As the release of Star Wars: Episode IX inches ever closer, one of the film's most notable characters has wrapped production: the astromech droid BB-8. "Today was a wrap on BB-8. The last 5 years have been an amazing ride." puppeteer Brian Herring wrote on Twitter. "Few people get to live the dream. Thank you."
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Wow, there's a lot to think about there. Zazie Beetz shared her intel during an MTV News interview that also included Armie Hammer. When she mentioned going into the trailer to rewrite scenes, Hammer quipped that the screenwriter of the film was going to be so pissed to hear that.
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The Lion King Co-Writer Upset 2019 Remake Won't Credit Him The Lion King Co-Writer Upset 2019 Remake Won't Credit Him (Image: Disney) Read on CinemaBlend.com .
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Evangeline Lilly's Instagram post is sure to turn a few heads, especially as we get closer to Ant-Man and The Wasp's highly anticipated release. From the trailers and first footage, it seems like
Evangeline Lilly May Have Revealed A Major Spoiler For 'Ant
Check out a clip from our Hereditary interview below to hear everything the cast of the film had to say about this film's comparison to The Exorcist. Hereditary will hit theaters on June 8 .
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Sean Gunn's comments to Tulsa World carry a particular weight, considering how unsure things are within the Guardians of the Galaxy franchise. When James Gunn was fired in July for decade-old offensive Tweets, it put the Guardians in jeopardy.
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Frozen 2 Trailer Is Epic And Everything We Were Waiting For. that Frozen II may not be a movie that's quite for the faint of heart. It opens with Elsa alone on
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Deadpool 2 opens on May 18. Watch the final trailer below, see the film's hilarious (fake) synopsis further down and revisit the previous trailer here (as well as its previous teasers here and
The Final 'Deadpool 2' Trailer Has SO Many 'Splosions! Watch!
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'Deadpool 2' has kept its load of goodies under wraps since being announced, only letting out tiny bits in past trailers. With the release around the corner, the Merc with a Mouth has decided to release the whole load on fans in the explosive final trailer.
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Videos Stan Lee Captain Marvel Tribute Marvel MCU Image Safe about 2 weeks ago by Tommy Williams I enjoyed Captain Marvel , but for me the most touching part was the intro. Captain Marvel was the first film released since the passing of Stan Lee , and so instead of the normal pictures of Marvel characters before the film started, they were
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The 75 Best Movies to Stream on Netflix Right Now you want to watch a movie. And they have so many movies. We know what it's like to sit and scroll through the seemingly endless options on the
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