Disney to pull content from Netflix, start own streaming service

Investing.com - Disney has announced plans to pull its movies from Netflix (NASDAQ:NFLX)It plans to launch its own streaming service in 2019 The service will start in the U.S. and expand globallyThe service will initially be family-focusedThe move is potentially a major challenge to Netflix and Amazon (NASDAQ:AMZN)Netflix stock dropped more than 5% on the announcement