'Star Wars,' Marvel films to move from Netflix to Disney streaming service


But at least we know we can watch Disney, Pixar, Marvel Studios, and Lucasfilm films on the streaming app.

Disney CEO Bob Iger announced interesting new details about their Netflix competitor on Thursday.

That library includes exclusively offering the full lineup of Disney properties on the service (500 films and 7,000 TV episodes), in addition to four or five original TV series and three or four original movies.

Investors weren't pleased at all with the EPS outlook, as Walt Disney Co shares were trading at $96.41 per share on Thursday afternoon, down $5.09 (-5.01%).

Starting in 2017, Netflix became the exclusive subscription streaming home of all new Disney movies. It makes sense for Disney to bring its best-known franchises back under its own roof to give the Disney streaming service the best possible chance of success. In August, Netflix announced it had acquired Millarworld, formed by famed comic book writer Mark Millar that has released a number of acclaimed titles, many of which have been adapted into feature films (Wanted, Kingsman, and others).

"We've now decided we will put the Marvel and "Star Wars" movies on this app as well", Iger said during a question and answer session at a communications conference, Variety reported. But just because the service isn't launching til 2019 doesn't mean the movies will remain on Netflix until then. It's unclear if they will take Netflix's Daredevil, Jessica Jones, Luke Cage, Iron Fist, The Defenders, and The Punisher with them.

The current plan is for Disney and ESPN streaming services to be available for purchase directly from Disney and ESPN, in app stores, and from authorized pay-TV partners. Most importantly, he confirmed that all of the MCU movies and the Star Wars movies are going to be on the service from the start.