MCU Movies to Move from Netflix to Disney's Streaming Service

Carla Harmon
August 8, 2018

Speaking to analysts after the company reported less-than-stellar Q3 results, Iger said that Disney will "continue to move full steam ahead with our direct-to-consumer strategy", which he referred to in his remarks as "Disney Play", with last year's acquisition of the BAMTech technology outfit enabling it to enter the OTT TV space "quickly and effectively". He has no background in creative content production, shifting into the role from Walt Disney Studios, where he was president of marketing.

It's been one of the bigger mysteries surrounding Disney's upcoming streaming service: what's going to happen to all those Marvel Studios movies now on Netflix?

Disney, which has been pushing up prices at its theme parks in recent years, saw the latest price hike lead to a slim 1 percent gain in United States theme park attendance in the period - down from an 8 percent increase last year - while hotel occupancy rates dropped to 86 percent from 88 percent.

The majority of the 30-minute Q&A session was about Disney's new streaming service which is set to compete with Netflix. Let's not forget that Disney is acquiring 21st Century Fox.

Iger, on a post-earnings webcast, said growth of smaller channel bundles delivered online had helped make up for customers dumping larger cable packages. But what does the launch of Disney's big streaming service mean for Marvel's future on Netflix? Pretty much, Marvel movies hit Netflix eight or nine months after their theatrical debut, and all that really proves is that Captain Marvel would normally likely hit around November or December 2019...which is perhaps a little after we expected their service to hit.

Disney's movie studio enjoyed blockbuster success with "Avengers: Infinity War" and "The Incredibles 2".

Due to syndication deals which are already in place, there will be some properties which won't be available at the launch of the streaming service. Excluding one-time items like a benefit from lower federal tax rates, income was $1.87 (roughly Rs. 128) per share.

Revenue rose 7 percent to $15.23 billion - also missing forecasts.

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