Disney to shut down 18 channels in Southeast Asia & Hong Kong
By MYBRANDBOOK
Disney has announced to close 18 TV channels in Southeast Asia and Hong Kong as the conglomerate puts a greater emphasis on direct-to-consumer streaming. The move will take effect from Oct. 1, 2021.
Many of the channels set to be shuttered joined the group less than three years ago as part of Disney’s acquisition of 21st Century Fox. They include: Fox, Fox Crime, Fox Life, FX, and Channel V; movie channels Fox Action Movies, Fox Family Movies, Fox Movies and Star Movies China; sports channels Fox Sports, Fox Sports 2, Fox Sports 3, Star Sports 1, Star Sports 2; kids channel Disney Channel and Disney Junior; factual services Nat Geo People and SCM Legend.
Only four Disney-owned linear channels will survive the cull: Star Chinese Channel, Star Chinese Movies, National Geographic Channel and Nat Geo Wild.
Disney Plus hasn’t yet had a full roll-out in the region. But in Indonesia, where it launched in September last year as Disney Plus Hotstar, and Singapore, where it launched in February, the streaming service has been a hit.
Disney Plus is present in 59 markets worldwide and has surpassed 100 million paying subscribers in total. It has said that it expects to roll out in more markets in the region, but has only identified Hong Kong as happening this year. A buildup to a launch in Malaysia earlier this year was temporarily halted.
The move could nevertheless have a disruptive effect on pay-TV platforms and sports in the region. Disney and Fox channels have been a large part of the offering of pay-TV subscription packages offered by the likes of SingTel and Starhub in Singapore and PCCW’s NowTV in Hong Kong. Their closure from October may mean a downward pressure on subscription prices.
The closure of the five sports services may also have implications for sports rights deals and their owners. Among the channels’ key sports deals are those for Formula One and the Australian Open, U.S. Open, French Open and Wimbledon. Disney closed its sports channels in Taiwan in 2020
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Cisco building a trusted and resilient future for the nation
Security is foundational to everything Cisco does and customers insist on e
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
RELIANCE JIO INFOCOMM LTD.
MATRIX COMSEC PVT. LTD.
MICROTEK INTERNATIONAL PVT. LTD.
PDRL - Passenger Drone Research Pvt. Ltd.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : RISHAD PREMJI
Rishad Premji is Executive Chairman of Wipro Limited, a $11.3 billion ...
Icons Of India : Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla recently made a comeb...
Icons Of India : Bhavish Aggarwal
Indian entrepreneur Bhavish Aggarwal is the CEO of Ola, India’s larg...
PARTNER SPEAKERS
PSU
IOCL - Indian Oil Corporation Ltd.
IOCL is India’s largest oil refining and marketing company ...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - Vinod Dham, Founder & Executive Managing Partner, IndoUS Venture Partners
Vinod Dham, known as the “Father of the Pentium Chip,” has left an...
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...
Indian Tech Talent Excelling The Tech World - Steve Sanghi, Executive Chair, Microchip
Steve Sanghi, the Executive Chair of Microchip Technology, has been a ...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
