Disney to Remove All Content on Netflix for Its Own New Service - NBC Connecticut
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Disney to Remove All Content on Netflix for Its Own New Service

Netflix stock dropped more than 5 percent upon announcement of the news

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    Disney to Remove All Content on Netflix for Its Own New Service
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    Walt Disney Company Chairman and CEO Bob Iger. The CEO announced Tuesday, Aug. 8, 2017, that Disney would remove its content from Netflix for its own streaming service.

    Disney wants to own a piece of the streaming pie.

    The company announced during its latest earnings report on Tuesday it intends to pull all its content from Netflix for its own streaming service in 2019, CNBC reported. 

    CEO Bob Iger told CNBC's Julia Boorstin Disney had a "good relationship" with Netflix, but decided to exercise an option to move its content off the platform. Movies to be removed include Marvel as well as Disney titles.

    It will also be making a "significant investment" in exclusive movies and television series for the new platform.

    Inmates Take Down Guards With a Pencil, Go on the Run

    [NATL] Oklahoma Inmates Take Down Guards With a Pencil, Go on the Run

    Officials in Major County, Oklahoma, are searching for two inmates on the run from Fairview after they escaped from a private van transporting them early Tuesday. Officials say the two inmates were able to take down their guards with just a pencil. 

    (Published Wednesday, Aug. 23, 2017)