News Round Up 2017

[Mackenzie Click-Mickelson]

News
I don't think I've seen this one yet (everyone keeps going way off topic it seems).
Disney plans to pull movies from Netflix and launch a streaming service for ESPN and their other branded things.

Hopefully the movie version will be better than Disney Movies Everywhere. That was always super unreliable for me. I've been much happier with their tie in with Amazon streaming. But maybe this will be for movies you don't actually own like Netflix works?

How long was/is the deal for Netflix streaming their movies? Do we know when they will pull their movies off?

 

[a4matte]

How long was/is the deal for Netflix streaming their movies? Do we know when they will pull their movies off?

The article says the branded direct-to-consumer thing (so, like, for movies) is happening in 2019. ESPN in 2018.

But again, it better be better than Disney Movies Anywhere. That thing sucked.

 

[rteetz]

How long was/is the deal for Netflix streaming their movies? Do we know when they will pull their movies off?

Probably within the next year. I can't see them doing it immediately.

 

[TwoMisfits]

How long was/is the deal for Netflix streaming their movies? Do we know when they will pull their movies off?

From Variety...
"The moves set a firm course for the media giant to launch direct-to-consumer internet services from ESPN and Disney. Disney said will end its distribution agreement with Netflix for subscription streaming of new movie releases, beginning with the 2019 theatrical slate."

So, the last Star Wars and Avengers - you gotta pay them to see it in theater or in their new service...that's sure to give them a head start in sign ups...

 

[OhioStateBuckeye]

Disney Movies Anywhere does suck. The audio is always off for mine.

When anything tech related to Disney comes up I just assume it will suck. Their website isn't the greatest, lately every time I open the app it crashes and needs to be re-opened.

Hopefully their streaming service doesn't suck. Though I have no hope that it won't.

Was I reading it correctly, ESPN and the Disney content will be separate, right? If I have to pay for ESPN content to watch Disney things I probably won't do it.

 

[TwoMisfits]

Disney Movies Anywhere does suck. The audio is always off for mine.

When anything tech related to Disney comes up I just assume it will suck. Their website isn't the greatest, lately every time I open the app it crashes and needs to be re-opened.

Hopefully their streaming service doesn't suck. Though I have no hope that it won't.

Was I reading it correctly, ESPN and the Disney content will be separate, right? If I have to pay for ESPN content to watch Disney things I probably won't do it.

Yes, they sound separate, but I'm sure when the Disney content launches, they will probably give the ESPN folks a free "look" or incentive to get both...they may also do a combo deal to discount both...

 

[a4matte]

Disney Movies Anywhere does suck. The audio is always off for mine.

When anything tech related to Disney comes up I just assume it will suck. Their website isn't the greatest, lately every time I open the app it crashes and needs to be re-opened.

Hopefully their streaming service doesn't suck. Though I have no hope that it won't.

Was I reading it correctly, ESPN and the Disney content will be separate, right? If I have to pay for ESPN content to watch Disney things I probably won't do it.

Every. Single. Movie. I've ever tried to watch on DMA has stopped around 12-13 minutes in and will not start again. You have to close out and reopen then move the scrubber dot past that area and it works fine for the rest of the video. Happened on every platform I tried to watch on and on different networks. I was so happy when they let you watch them on Amazon.

But yes, it sounds separate. Even launching in different years.

 

[splash327]

And now the Shop Disney App notifies me every five minutes on my phone. They are not good a tech...

 

[WDWFantasmicFan]

Probably within the next year. I can't see them doing it immediately.

They said all of their content will be pulled from Netflix by 2019. Whether Marvel and Lucasfilm will be pulled at the same time is still being discussed. Confirmed to be Disney and Pixar content though.

 

[circus4u]

From CNN:

"The company said Tuesday that it will end its partnership with the streaming service in 2019.

Disney also announced it will launch its own streaming services, and plans to acquire a majority stake in BAMTech, a major streaming and marketing service.

Netflix (NFLX, Tech30) shares fell 5% after hours, Disney (DIS) slipped 2%."

http://money.cnn.com/2017/08/08/media/disney-netflix/index.html

 

[TwoMisfits]

From CNN:

"The company said Tuesday that it will end its partnership with the streaming service in 2019.

Disney also announced it will launch its own streaming services, and plans to acquire a majority stake in BAMTech, a major streaming and marketing service.

Netflix (NFLX, Tech30) shares fell 5% after hours, Disney (DIS) slipped 2%."

http://money.cnn.com/2017/08/08/media/disney-netflix/index.html

Of course, I'll believe the streaming news when I see it actually happen...Disney had to change today's continuing coming narrative on ESPN and the new one on movie studio weakness (from the weakness of the summer movies, save GOTG 2), so we'll see if they continue the path or Netflix offers them more money to keep the content (since "plans to acquire majority stake" does not mean they have actually bought that stake in the streaming service yet)...

 

[TheMaxRebo]

From CNN:

"The company said Tuesday that it will end its partnership with the streaming service in 2019.

Disney also announced it will launch its own streaming services, and plans to acquire a majority stake in BAMTech, a major streaming and marketing service.

Netflix (NFLX, Tech30) shares fell 5% after hours, Disney (DIS) slipped 2%."

http://money.cnn.com/2017/08/08/media/disney-netflix/index.html

That's pretty big they are acquiring majority of BAMTech - that is pretty strong tech - and if they truly figure how to monetize having sports via streaming it could be a good end result for Disney

I think jut making *a* decision about their position on streaming and espn is good for them as always a focus of analysts

 

[lockedoutlogic]

Some "insider" just told me that espn is a huge problem...apparently this is breaking news

 

[lockedoutlogic]

That's pretty big they are acquiring majority of BAMTech - that is pretty strong tech - and if they truly figure how to monetize having sports via streaming it could be a good end result for Disney

I think jut making *a* decision about their position on streaming and espn is good for them as always a focus of analysts

You always got juice left in the glass, huh?

You think the money people are gonna be confident about this?

...they just conceded the end of their cable empire and now are gonna try to sell things than nobody ever paid for directly before in 35 years...

There's a word for that: volatility

I think the bamtech acquisition (the only thing bob can do) is a good move but it might be 5 years too late. They stayed on the gravy train too long...

What's espn worth to you a month/year? How about disney channel?

 

[mom2rtk]

And now the Shop Disney App notifies me every five minutes on my phone. They are not good a tech...

And I thought it was just me! I must have had a dozen notifications yesterday. It even sent me a notification while I was browsing IN the app. So I have now turned off notifications for that app. Their loss. I'll probably forget to look at it now.

 

[lockedoutlogic]

Of course, I'll believe the streaming news when I see it actually happen...Disney had to change today's continuing coming narrative on ESPN and the new one on movie studio weakness (from the weakness of the summer movies, save GOTG 2), so we'll see if they continue the path or Netflix offers them more money to keep the content (since "plans to acquire majority stake" does not mean they have actually bought that stake in the streaming service yet)...

Netflix is trying to pivot away to content as well...so I'm not sure they care about disney licensing that much.

I would not be surprised at all if Verizon or Comcast try to buy Netflix...stay tuned.

 

[SaharanTea]

And I thought it was just me! I must have had a dozen notifications yesterday. It even sent me a notification while I was browsing IN the app. So I have now turned off notifications for that app. Their loss. I'll probably forget to look at it now.

Same. I tried to let it go, but it did it two days in a row. I work in and around IT, I know it has it's challenges, but c'mon.

 

[mom2rtk]

Same. I tried to let it go, but it did it two days in a row. I work in and around IT, I know it has it's challenges, but c'mon.

I was incredibly annoyed. My son just moved to another state and I was waiting to hear how things were going and the phone kept dinging (I have the same sound for text notifications). They really left me no choice. Bye bye Shop Parks notifications. And I never used to mind getting them. It reminded me from time to time to check out new stuff on the app.

 

[lockedoutlogic]

I don't think it's supposed to be a counter service place, but more of a bar/lounge focusing on Cali beer and wine. Probably see stuff from Lagunitas, Stone, Russian River, Sierra Nevada if we're lucky. From the pics there will probably be appetizer sized plates as well with cheeses for the wines, pretzels and other bar type munchies. I figure it'll be more of a American version of La Cava or Tutto Gusto in DHS

...And that would be great in my book

Throw some Anchor in there for me, please?

 

[lockedoutlogic]

Disney Q3 results. Missed on revenue, beat on EPS. Ending distribution pact with Netflix, no surprise, creating own streaming service to start in 2019. The revenue miss is a big problem. The headline will be the Netflix news. The EPS beat, along with the earnings drop shows what we all know. They are squeezing more from less. Cost cutting and extra charges are keeping the earnings afloat as revenue sinks.

Netflix dropped heavily on news of the Disney deal going away. Not sure who wasn't expecting that to happen so not sure why it sunk so badly. Disney also drops. The 8k filing shows a drop in revenue from Media Networks, a more than offsetting gain from Parks and Resorts, a huge drop in Studio, and a small drop in Consumer Products and Interactive 3rd Quarter 2017 over 3rd Quarter 2016.

The 8k talks about ESPN. Revenue at Cable Networks dropped 3% and operating icome dropped 23%, a whopping 1.5 billion! That is explicitly blamed on contractual rate increases for the NBA.

Parks and Resorts increase is due to increases at Shanghai and DLP. Domestic parks were a scratch, with increased guest spending offset by increased costs in labor and the dry-dock of a cruise ship. Domestically higher than average daily room rates and food and beverage spending helped.

Studio Entertainment revenues dropped 16%. Basically this year's movie slate didn't keep up with last year.

Hmmm...

...and what have we learned, class?