The Walt Disney Company plans to cut about 100 of its international channels this year. The entertainment company justifies this action by the increasingly important position that its streaming services are taking, of its own in particular: Disney +. The relevant channels have not been disclosed yet and this will depend on the different contracts in force in the internal markets.
Last year, the UK Disney Channel was canceled. “Most of the content will be migrated to Disney + anyway. Viewers are increasingly connecting with these programs on demand, and Disney wants to continue down this path.”CEO Bob tangled during a communications conference.
Profits from Disney’s traditional channels have allowed the media giant to invest in programs for its broadcast services. In the United States, Disney also has the Hulu and ESPN + platforms.
Disney + launched its flagship service in September 2020 with us. Depending on the operator in Belgium, the viewer owns the Disney Channel or Disney Junior channels on the “classic” TV. The group also owns stakes in National Geographic through its Fox affiliate networks.
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