Disney to close 100 international TV channels as Disney+ hits 103.6 million global subscribers.

Disney CEO Bob Chapek

The Walt Disney Company plans to close 100 of its international television channels over the next twelve months as it takes advantage of its subscription based streaming service Disney+ TWDC CEO Bob Chapek told the JPMorgan Chase & Co technology and media conference this week.

The company closed 30 of its television channels in the Fiscal Year 2020 including all their Disney Channels in the United Kingdom.

Recently Disney has commenced the closure of its local versions of the Fox channel moving its contents to the Star brand on the Disney+ platform.

The company has also started to close its sports channels in southeast Asia where cricket coverage on the Hotstar service, available in India, has helped secure 30% of the 103.6 million global subscribers to Disney+.

Author: Salon Mickey Blog

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