Disney has announced plans to pull all of its movies from Netflix as it prepares to launch its own dedicated streaming service.

The company announced the move during its latest earnings report on Tuesday. The affected movies include both Marvel and Disney titles. It will also be making a "significant investment" in exclusive movies and television series for the streaming platform.

Disney will also will launch an ESPN video streaming service in early 2018, including MLB, NHL and MLS content.

Disney says it plans to launch its direct-to-consumer streaming service in 2019.