Alongside the acquisition, the company also announced plans for a second, Disney-branded direct-to-consumer service drawing from its entertainment content, which would launch after the company ends its existing distribution agreement with Netflix in 2019. On August 8, 2017, Disney invoked its option to acquire a controlling stake in BAMTech for $1.58 billion, increasing its stake to 75%. Following the purchase, ESPN announced plans for an "exploratory project" based on its technology ( ESPN+) to supplant its existing linear television services. In August 2016, Disney acquired a minority stake in BAMTech (a spin-off of MLB Advanced Media's streaming technology business) for $1 billion, with an option to acquire a majority stake in the future.
It was eventually replaced by Disney+ on March 24, 2020. In late 2015, Disney launched a streaming service in the United Kingdom called DisneyLife to test the streaming market. Ten million users had subscribed to Disney+ by the end of its first day of operation. Alterations made to films and television shows also attracted media attention. Upon launch, it was met with positive reception of its content library, but was criticized for technical problems and missing content. It later expanded in Southeast Asian countries since 2021, followed by countries in Northern and Eastern Europe, Middle East and parts of Africa since May 2022. Additional European countries received Disney+ in September 2020, with the service expanding to Latin America in November 2020. It became available in select European countries in March 2020 and in India in April through Star India's Hotstar streaming service, which was rebranded as Disney+ Hotstar. Production of films and television shows for exclusive release on the platform began in late 2017.ĭisney+ was launched on November 12, 2019, in the United States, Canada, and the Netherlands, and expanded to Australia, New Zealand, and Puerto Rico a week later. With BAMTech helping to launch ESPN+ in early 2018, and Disney's streaming distribution deal with Netflix ending in 2019, Disney took the opportunity to use technologies being developed for ESPN+ to establish a Disney-branded streaming service that would feature its content. Disney increased its ownership share of BAMTech to a controlling stake in 2017, and subsequently transferred ownership to Walt Disney Direct-to-Consumer & International, as part of a corporate restructuring in anticipation of Disney's acquisition of 21st Century Fox.
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Original films and television series are also distributed on Disney+.ĭisney+ relies on technology developed by Disney Streaming, which was originally established as BAMTech in 2015 when it was spun off from MLB Advanced Media (MLBAM). The service primarily distributes films and television series produced by The Walt Disney Studios and Walt Disney Television, with dedicated content hubs for the brands Disney, Pixar, Marvel, Star Wars, and National Geographic, as well as Star in some regions. 146.1 million (as of June 30, 2023 ) ĭisney+ is an American subscription video on-demand over-the-top streaming service owned and operated by Disney Streaming, the streaming division of Disney Entertainment.
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