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eCounsel group

A boutique firm with unparalleled expertise in business and technology. We have good command of industrial ecology and legal practice, and have undertaken highly regarded cases. Because the small business scope, we pay more emphasis on effectiveness and efficiency, and choose clients with deliberation. The managing partner not only has extensive experiences in various legal issues more over than 20 years, but invests and manages several technology companies. In addition, he always checks each case rigorously. Clients’ business objectives are our primary focus. To achieve the same in the most cost-effective fashion trumps all seemingly sophisticated legal discussions.

Disney Jumping into the Global OTT War

2018 - 07 - 25

Disney will be ending its distribution deal with Netflix and starting a brand new OTT service of its own. With the release of this major news, Disney has just become the biggest cord-cutter Hollywood has ever seen.

Being the biggest entertainment company for years, Disney undoubtedly has a huge library of valuable content in forms of movies, tv shows and more. In this sense, launching an OTT service of its own is nothing to be surprised about, rather, cord-cutters can expect to see less Disney content (if at all) on any other OTT platforms.

In addition to the original film and tv show streaming platform, Disney is also launching a sports streaming service called ESPN Plus. The sports service will exist as an add-on within the ESPN app. This move will drastically differentiate Disney’s streaming service from other OTT platforms, as sports content is usually non existent in OTT.

“This acquisition and the launch of our direct-to-consumer services mark an entirely new growth strategy for the company, one that takes advantage of the incredible opportunity that changing technology provides us to leverage the strength of our great brands,” Disney CEO Bob Iger said in a statement accompanying the announcements.

Although the loss of Disney content will be a major disappointment for Netflix subscribers, Netflix continues to spend more money making its own shows, and noteworthily good shows. In preparation to the potential loss of Marvel’s shows, Netflix also acquired Millarworld, which published critically acclaimed comics like Wanted, Kick-Ass, and Kingsman. That being said, it is obvious that Netflix is not giving up the title of OTT king anytime soon.

Sources:

  1. Disney Unveils New Streaming Services, to End Netflix Deal – WSJ
  2. Disney will dump its exclusive Netflix deal in 2019, and launch its own streaming service – Business Insider

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