Disney Will Leave Netflix, Provide Its Own Streaming Service in 2019

Chris Hemsworth arrives at the Premiere Of Disney And Marvel's 'Avengers: Infinity War' in Los Angeles on April 23, 2018. Neilson Barnard/Getty Images

Disney will end its relationship with Netflix and plans to offer its own streaming service with movies, television shows, and more, by the end of 2019.

CEO Robert Iger said during Disney’s 2018 Quarter 3 Earnings Call on Aug. 7 that the launch of the company’s direct-to-consumer product will be “the biggest priority of the company during calendar 2019.”