Cheddar Morning Business Update 8/9: Disney to launch streaming service

Posted: Updated:
NEW YORK -

Disney says it is going to pull all of its movies from Netflix and launch its own streaming service.

The service will include exclusive content created just for the platform.  

Disney's also launching a video streaming service for ESPN. The shares of Disney are lowering after missing revenue expectations in the last quarter.

Meanwhile, Oprah is teaming up with Kraft Heinz on a new line of refrigerated soups and side dishes called 'O That's Good!'

The food is marketed as health versions of comfort food.

 Lastly, JetBlue is planning to voluntarily take questions and complaints via text and Twitter through a new startup investment called 'Gladly.'

JetBlue was rated the best airline this year by the American Customer Satisfaction index.

  • BusinessMore>>

  • Amazon's hopes its Prime Day doesn't go to the dogs

    Amazon's hopes its Prime Day doesn't go to the dogs

    Tuesday, July 17 2018 12:35 AM EDT2018-07-17 04:35:02 GMT
    Tuesday, July 17 2018 9:24 AM EDT2018-07-17 13:24:01 GMT
    (AP Photo/Patrick Semansky, File). FILE- In this Aug. 3, 2017, file photo, Myrtice Harris applies tape to a package before shipment at an Amazon fulfillment center in Baltimore. Amazon's Prime Day starts July 16, 2018, and will be six hours longer than...(AP Photo/Patrick Semansky, File). FILE- In this Aug. 3, 2017, file photo, Myrtice Harris applies tape to a package before shipment at an Amazon fulfillment center in Baltimore. Amazon's Prime Day starts July 16, 2018, and will be six hours longer than...
    Amazon is hoping customers don't see any more dogs, after early problems on Prime Day meant people trying to shop got only images of the cute canines delivering an apologetic message.
    Amazon is hoping customers don't see any more dogs, after early problems on Prime Day meant people trying to shop got only images of the cute canines delivering an apologetic message.
  • Goldman's Blankfein to retire as CEO, Solomon to take over

    Goldman's Blankfein to retire as CEO, Solomon to take over

    Tuesday, July 17 2018 8:37 AM EDT2018-07-17 12:37:04 GMT
    Tuesday, July 17 2018 9:23 AM EDT2018-07-17 13:23:38 GMT
    Goldman Sachs' Lloyd Blankfein to retire, to be replaced by David Solomon.
    Goldman Sachs' Lloyd Blankfein to retire, to be replaced by David Solomon.
  • Amazon workers strike in Europe to coincide with Prime Day

    Amazon workers strike in Europe to coincide with Prime Day

    Tuesday, July 17 2018 8:27 AM EDT2018-07-17 12:27:08 GMT
    Tuesday, July 17 2018 9:23 AM EDT2018-07-17 13:23:35 GMT
    Amazon workers in Spain are holding their second of a three-day strike over salary and working conditions coinciding with the online retailing giant's major shopping holiday.
    Amazon workers in Spain are holding their second of a three-day strike over salary and working conditions coinciding with the online retailing giant's major shopping holiday.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."