Currently, Disney sells so-called pay-TV rights for its movies to Netflix for a hefty price -- more than $300 million a year, according to people with knowledge of the arrangement. Including planned original movies and TV series, Disney will invest a total of $1.8 billion on its streaming service between 2019 and 2021, research firm MoffettNathanson estimated. That is on top of what it paid for BamTech. - Ben Fritz, Fox Business [via/web:http://streaming-tv.us]
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