Disney to Remove All Content on Netflix for Its Own New Service - NBC4 Washington

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.

    Clerk Pulls Out Machete on Would-Be Robber

    [NATL] Clerk Pulls Out Machete on Would-Be Robber

    A would-be robber armed with a knife had a surprise in store when an Alabama store clerk pulled out a machete in defense. The two's brief knife fight was caught on camera before the clerk runs out to damage the robber's car.

    According to police, suspect Seth Holcomb walked up to the counter to make a purchase. He leaves the store and then comes back in as if to make a second purchase. Then, he pulled out a knife at the counter. What he didn't expect was that the clerk would pull out a machete of his own.

    (Published Wednesday, March 20, 2019)