Netflix and Disney Alliance Intact for LatAm and Spain

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by @todotvnews the 10/08/2017
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After giving what could be the biggest news for the TV industry and breaking its ties with Netflix, Disney's plans of going independent on the OTT arena are not expected to affect its operations in Latin America and Spain. 

Confirming the rumors that suggested big changes for Disney, Bob Iger, CEO of The Walt Disney Company, announced this week that the company won't be renewing its deal with Netflix, and as such, all Disney content is set to leave the platform by the end of 2019.

The reason, he added, is their desire to launch their own independent OTT that will include titles from several Disney-owned companies like Marvel, LucasFilm and Pixar, among others.

However, Netflix announced that Disney's plans would only affect the platform's operations in the US. In Latin America and Spain, the relationship between both companies could last beyond 2019.

"Outside the US, our agreement with Disney remains the same. This won't affect all Disney movies sold separately to other markets," explained Netflix on a press release.

"Netflix subscribers in the US will be able to see Disney movies until 2019, including all new movies that will hit theaters during 2018. We will continue doing business with The Walt Disney Company on a global scale in several arenas, including our relationship with Marvel TV," they added.

When asked by Spanish newspaper El Economista, a spokesperson for the company confirmed the information: "Our Disney offering outside of the US will remain exactly the same," he pointed out.

In fact, the social media accounts for the OTT service in Spain and Latin America doused the situation with humor to appease subscribers.
 

 

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