Sorry Netflix subscribers, all Marvel and Star Wars movies are leaving the service… because Disney is launching its own.
According to Variety, Disney announced Thursday (Sept. 7) that it will move all of its films — including the Marvel Cinematic Universe and Star Wars franchises — to its forthcoming streaming service.
While its sad news for Netflix subscribers, it’s not going to happen immediately. Disney isn’t set to launch its service in late 2019, so its unclear when all titles will be pulled.
“We’ve now decided we will put the Marvel and ‘Star Wars’ movies on this app as well,” Disney CEO Bob Iger said.
Disney announced that it was creating its own streaming service back in August. At the time, it was apparent that traditional Disney flicks would eventually leave Netflix. But, the were questions regarding Marvel and Star Wars title. Netflix reportedly tried to make a deal to keep the franchises, but where unable to reach an agreement with Disney.
In addition to the announcement, Iger also revealed that Disney plans to produce around five original movies per year, as well as an equal number of original series and TV movies. Pricing for the subscription service has not yet been announced.