Netflix woos Walt Disney to keep Marvel superheroes and Star Wars

Netflix, Disney in talks over Lucasfilm, Marvel rights

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.

When news broke that Disney would be divorcing Netflix (BUT NOT BECAUSE OF ANYTHING YOU DID, SWEETIE!) and launching its own independent streaming service people understandably flipped out.

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. Iger said on Tuesday that the Marvel and Lucasfilm movies could go to Netflix or another streaming service after 2019, or Disney might retain the rights for itself.

Disney's decision to launch its own OTT service in the USA won't affect Disney, Marvel or Star Wars content included in Netflix's catalogues across Latin America and Spain.

Horizon Global Corporation (NYSE:HZN) Updates FY17 Earnings Guidance
Capital Fund Management S.A. acquired a new stake in shares of Horizon Global Corporation during the first quarter worth $149,000. On average, equities research analysts predict that Horizon Global Corporation will post $1.09 EPS for the current year.

Netflix chief content officer Ted Sarandos called Disney's launch of a streaming service a "natural evolution" in that the company expected it.

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.

Disney, which is behind hits such as The Lion King and Frozen, wants to bypass distributors and directly connect with viewers. Netflix has over 100 million subscribers.

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