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Posted by Mike K on September 11, 2017

Via MassLive.com:

The Walt Disney Co. is pulling its "Star Wars" and Marvel superhero franchises from Netflix as it preps its own streaming service.

Disney had announced last month that it would launch a Disney-branded streaming service with Disney and Pixar titles. It was unclear how that would impact the Disney-owned Lucasfilm and Marvel studios.

Disney CEO Bob Iger told Variety that "we've now decided we will put the Marvel and 'Star Wars' movies on this app as well."

More than half of the Top 25 highest grossing movies are Disney, Pixar, Marvel or "Star Wars" titles, according to Box Office Mojo.

The new streaming service is expected to launch in 2019.

According to a report in the Business Insider, Disney will need to attract at least 32 million just to break even on its new service.

Netflix has nearly 104 million subscribers worldwide.

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About the author

Mike is one of the founders and owners of the Collector's Cantina. He lives in Central MA with his two children. He has been a Star Wars fan since he was a kid and saw Star Wars in theater. Mike is the Vice President and co-Editor of the site. He is also responsible for the Graphic Design, News, Event Coverage, Social Media management, and Photography.

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