Netflix, Disney in talks over Lucasfilm, Marvel rights

Netflix, Disney in talks over Lucasfilm, Marvel rights

Netflix, Disney in talks over Lucasfilm, Marvel rights

Disney announced on Tuesday that it was pulling new Disney and Pixar films from Netflix, starting with new releases in 2019.

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. It will start putting the movies on a new Disney-branded online service that year.

(The migration will not include Marvel properties like Jessica Jones and Luke Cage which are under a different deal.) Chief Content Officer Ted Sarandos told Reuters that Netflix are still discussing an agreement that could keep the Lucasfilm and Marvel Entertainment around into the 2020s.

A Disney spokesman did not immediately respond to a request for comment. According to a new report from Reuters, Netflix is making a play to retain some colossal titles that exist under the Disney banner.

Marvel and Lucasfilm are both owned by Disney.

Disney's plan to stream its content directly to consumers is "a natural evolution" for traditional media companies that Netflix expected, Sarandos said in an interview at an event to celebrate Emmy nominations for Netflix drama "The Crown".

"That's why we got into the originals business five years ago, anticipating it may be not as easy a conversation with studios and networks" offered Sarandos.