After previously selling all the rights to Star Wars over to AT&T, Disney now wishes to buy back the TV rights to all current and future Star Wars films from the broadcasting company. Bloomberg was reported saying that Disney is currently attempting to regain the rights to be able to offer the films on its upcoming video service. AT&T has the rights at the moment to show the movies on its cable networks including TNT and TBS.
It was back in 2016 that Disney sold the rights for $275 million and the deal was set to last until the year 2024. The contract included Star Wars movies released between 1977 and 2005 along with all the newer titles. AT&T is looking for compensation and replacement programming for the rights and talks have since then stalled.
Disney has even announced they will not be renewing their deal with the popular streaming network Netflix. The current one expires by the end of 2018 and it gave Netflix the rights to new releases, including four Star Wars films.
Disney's own streaming service is set to launch in 2019 and will of course feature a variety of new Star Wars and Marvel shows. The director of Iron Man is even making a live action Star Wars TV series that will be featured as well. We all know Jon Favreau, whose amazing Iron Man trilogy capture our hearts and minds. In the meantime the next segment to the Star Wars films opens in theaters in December of 2019. JJ. Abrams recently offered a first look at the movie.
Who else is excited for the newest movie? I know I am! :D