Disney signed an exclusive streaming deal with Netflix in 2012, but that deal only went into effect in 2016, four years later. Now, Disney is announcing it will create its owns streaming service, set to launch in 2019. This is a bold move by Disney, while kneecapping Netflix.
Disney will begin to pull movies away from Netflix starting with its 2020 releases. This means Netflix will get Star Wars Episodes 7 and 8, but not 9. Netflix will continue its Marvel TV shows, though. Plus, Netflix acquired MillerWorld this week, so it'll have plenty of Marvel rip-off chararacters to focus on.
Disney's streaming service will be the "exclusive home in the US for subscription-video-on-demand viewing," starting with Toy Story 4 and the Frozen sequel. Other Disney properties will then be added from there. Disney will also be launching a streaming service for ESPN, but you already knew that didn't you.