BSkyB Strikes Deal with Disney for New UK Movie Channel
By Jerin Mathew | February 21, 2013 6:55 PM EST
Pay TV giant BSkyB and Walt Disney have agreed to extend a movie output deal and to start a new pay-TV channel in the UK and Ireland that will air new and old Disney films.
The deal renewal is the fourth by BSkyB in which Rupert Murdoch's News Corp owns a 39 percent stake.
As per the agreement, the financials of which are yet to be disclosed, BSkyB will get first subscription pay TV rights to Disney films including Pixar, Marvel and Lucasfilm releases along with expanded rights on various platforms including Sky on-demand, multiplatform service Sky Go and Now TV.
BSkyB has first-run rights to show movies from Lucasfilm and Marvel Studios, such as Iron Man 3 and Avengers Assemble across other Sky channels.
In addition, BSkyB will continue to provide Disney networks such as Disney Channel, Disney XD, Disney Junior, and Disney Junior HD, according to the terms of the deal.
In order to broadcast the films, the companies will create a new channel called Sky Movies Disney that will start airing on 28 March in both standard and high definition. It is for the first time Disney is involving in a co-branded linear movie channel anywhere in the world.
Sky Movies Disney will have first-run rights to the newest Disney films such as Brave, Tinker Bell: Secret of the Wings and Wreck-It Ralph, the companies said. In addition, the channel will offer classic Disney titles, such as Bambi, Pinocchio, Finding Nemo, Cars and A Bug's Life along with live action titles including Pirates of the Caribbean and National Treasure.
In line with the increased competition for customers among pay TV providers and video on demand services, BSkyB spends £2.3bn ($3.5bn, €2.6bn) per year on content, including first-run rights from Hollywood film studios, and exclusive sports and other entertainment broadcasts. For the six months ended 31 December, the company added 88,000 new customers, luring them with packages that combine TV, Internet and phone services.
Launched in the UK in early 2012, US-based video-on-demand service Netflix has been a major competitor for BSkyB in acquiring Hollywood movie rights. In order to overcome the competition, Sky has renewed its pay-TV deals with four major Hollywood studios, Disney, Sony, Universal and Warner Bros, since September 2012.
To contact the editor, e-mail:
Most Popular Slideshows
- Typhoon Rammasun Claims 18 Lives in China, Incurs $4.32B Losses (PHOTOS)
- Kate Middleton's Pregnancy Hearsays: Possible Evidence Revealed [PHOTOS]
- Selena Gomez Turns 22 Today, Celebrates Early without Justin Bieber: Top 12 Interesting Facts About the Singer [SEE PHOTOS]
Join the Conversation
- Malaysian Airlines Flight 17: Air Carrier to Give $5,000 Assistance to Victims’ Families; Bankruptcy Looms as 2 Air Mishaps Would Cost Firm Minimum $80.55 M Compensation
- Foxconn And Pegatron Corp Readies For Apple's iPhone 6 Mass Production This Month
- KFC & McDonald’s Accused of Serving ‘Expired’ Meat to Customers
- Malaysian Airlines Ukraine Tragedy Hits Asian Stock Markets
- California Fruits Recalled in USA and Canada for Possible Listeria Contamination
- Motorola Moto G Vs. Xiaomi Mi3 – Low in Price, High -level Features
- Google Nexus 8 Release Date Soon Along with 2 More HTC Android Tablets – Reports
- Sony PlayStation 4 Outsells a Resurgent Xbox One in June
- Killer Xiaomi Mi4 at $369 Likely to Come With 5.0-Inch Display, Snapdragon 801 Processor, 3GB RAM and More
- NVIDIA Shield Gaming Tablet with Tegra K1 SoC Reported to be Released on July 29
- BlackBerry Passport Video Leak, Release Date, Five Fresh Features to Anticipate [Watch YouTube Clip] --Reports
- Iphone 6 Release Date Fast -Approaching, Reuse and Recycle Program Now in Australia