Netflix and Disney Licensing Marvel Star Wars 2019
It is not the first time we are hearing of movie trades between two great production companies. The deal that Disney had made with Netflix on Frozen 2 may be off, but that is not the end of their business ventures together. The latest of their talks are on Marvel’s Star Wars Movie to be launched in 2019. Netflix is still a potential partner with Disney on the Star Wars movie production even as their collaboration on movie-outputs agreement is nearing its expiry date.
On Tuesday, Disney announced its plan to bring in their own direct-to-consumer Disney-branded subscription VOD service in 2019. This was in support of their reason as to why they will no longer be show-casting their movies and Netflix to start up their service come next year. However, they are still holding discussions on retaining Marvel and Star Wars movies in their channel for airing once it is complete.
Disney’s new VOD streaming channel
Ted Sarandos, the chief content officer informed Reuters on his interview about Disney’s new plans of starting their own broadcasting channel where they would air their own creations alongside those from Pixar. The need to start their own streaming channel was more of a natural evolution and a means of developing in accordance to the advancements taking place for media companies. However, he still expects that Disney services will be complementary to those of his movie entity, Netflix and is currently devoted to ensuring that he maintains the Marvel and Lucasfilm’s designated for 2019 and even other years to come.
What now for Netflix?
Well, Disney has not yet been confirmed whether they will still continue with Netflix as their streaming channel or not before their own streaming channel launch. During the interview with Reuters, Ted Sarandos, after confirming the discussions with Disney to maintain their streaming rights, said that they had earlier anticipated the negotiations would not be easy and smooth with different studios and networks, and that’s why they got into the originals business 5 years ago. The two companies had signed the license with Mouse House’s films for streaming rights.
After Disney’s announcement of their new streaming channel, Netflix seems to have lost a couple of stakeholders, but hopefully, Netflix will still get to showcase the Marvel and Star Wars Films for Disney. With Marvel, Netflix still has a multiyear contract based on the Marvel series; Daredevil, Marvel’s street-hero characters, Iron Fist, Luke Cage and Jessica Jones.