Disney to shut down most of its TV channels in Southeast Asia, eyes growth in streaming services

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SINGAPORE: Disney will be shutting down most of its television channels in Southeast Asia and Hong Kong as part of the company's effort to further ...

SINGAPORE: Disney will be shutting down most of its television channels in Southeast Asia and Hong Kong as part of the company's effort to further grow its streaming services.

Disney Channel and Disney Junior, as well as factual services Nat Geo People and SCM Legend, will also be axed, Variety reported. "These efforts will help us align our resources more efficiently and effectively to current and future business needs," said the company.Disney+, the company's streaming service, is currently available in two Southeast Asian markets Singapore and Indonesia. The company said it will continue to roll out the service in more markets in the region including Hong Kong this year.

 

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