Disney+/Hulu and Netflix have struck a landmark deal under which, Netflix will get the streaming rights to a dozen Disney-owned TV series

By: Tetiana Honcharenko | 12.12.2023, 09:58
Disney+/Hulu and Netflix have struck a landmark deal under which, Netflix will get the streaming rights to a dozen Disney-owned TV series

A new round of competition or a relaunch of the streaming world? On Monday, it was revealed that Disney will give Netflix the streaming rights to a dozen Disney-owned TV series over the next year and a half.

Here's What We Know

Despite claims to the contrary from senior Disney executives, the Mouse is licensing its shows to other streaming platforms, and as we now know, Netflix is among them.

The fourteen series in question are Lost, This Is Us, Prison Break, Archer, How I Met Your Mother, White Collar, Home Improvement, The Resident, ESPN 30 for 30, My Wife and Kids, Reba, The Bernie Mac Show and the Wonder Years reboot. In addition to Netflix, these 14 shows will also be available on the new Disney+/Hulu streaming package.

Disney CEO Bob Iger has previously said that the company is going to avoid licensing "core" brands, implying that the shows listed above are not a high priority for Mouse executives.

"We've actually been licensing content to Netflix and are going to continue to. We're actually in discussion with them now about some opportunities, but I wouldn't expect that we will license our core brands to them" - Iger said earlier this year. - "Those are obviously competitive advantages for us and differentiators. Disney, Pixar, Marvel, Star Wars for instance, they are all doing very, very well on our platform and I don't see why just to basically chase bucks we should do that when they are really really important building blocks to the current and future of our streaming business."

At one point, it was reported that Disney was losing more than a billion dollars by not licensing its shows and movies to other streaming platforms.

Source: Comic Book