Netflix discussing keeping Disney's Marvel, 'Star Wars' films

Netflix Inc

Netflix Inc

That is to be followed by a new Disney-branded direct-to-consumer streaming service in 2019.

It will start putting the movies on the new Disney-branded online service that year - in a major move taking the media company away from the traditional satellite and cable operators.

Just days after the news broke that Disney is pulling its films from Netflix, sources say the streamer is in active talks to land the OTT rights to Marvel Comics and Lucasfilm offerings in the US.

Disney's break from Netflix applies only to its film deal in the United States, where the streaming service runs new Disney movies shortly after they leave theaters.

Sarandos said he expected Disney's service would be "complementary" to Netflix, which carries other family-friendly programming such as animated movies from "Despicable Me" creator Illumination Entertainment and "Shrek" producer Dreamworks Animation.

Marvel and Lucasfilm are both owned by Disney. Previously the interactive media and Internet company of Major League Baseball, BAMTech was founded in 2000 and provides direct-to-consumer streaming services, data analytics and commerce management with almost 7.5 million total paid subscribers to its clients' OTT products.

Netflix is still in discussions with Disney about retaining rights to stream Marvel and Lucasfilm releases after 2019, Chief Content Officer Ted Sarandos told Reuters. Netflix has over 100 million subscribers.

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