Netflix Acquires Comix Production Company, Ends Partnership With Disney!

Last week was a busy year for the TV and Internet broadcast giant Netflix, but the news was not all that good, especially with its share price dropping from $ 181 at the beginning of the week to $ 171.40 at the end of last Friday. emphasis. This was not the only important news last week but more, summarized in the next report .

Disney says goodbye to Netflix

Disney is currently ending its collaboration with Netflix, which means that the latter will not be able to show new films to be released in 2019, including the fourth part of Toy Story, and the second part of Frozen.

Instead, Disney wants to launch its online broadcast platform called ESPN, which came after a big stake in BAMTech.

Netflix shares fell more than 4 percent just after the announcement on Tuesday, but Netflix is ​​trying to soften its loss through talks to preserve the rights to broadcast some of Lucasfilms studios and Marvel studios until after 2019.

Netflix makes its first acquisition

In the first acquisition, Netflix bought Millarworld, a company specializing in comics and comic books, and Netflix now owns the rights to all the superheros' films and shows.

Millarworld is behind the creation of superheroes like Kick-Ass and Kingsman. The company's founder, Mark Millar, will have a good number of comics including Huck, Starlight, And "Supercrooks".

As a result of this acquisition, Netflix's future intention is to continue to produce its own films and shows, thereby easing Disney's abandonment of its services. Incidentally, this acquisition reminds us of Disney's acquisition of Marvel Studios in 2009.