The Walt Disney Co is to launch its streaming service Disney+ in Taiwan, Hong Kong and South Korea in November, it said yesterday.
The US media and entertainment conglomerate headquartered in Burbank, California, made the announcement at its earnings call for the quarter ending on July 3, when it announced a profit as reopened parks provided a revenue boost.
“The response toward Disney+ across Asia Pacific has exceeded our expectations, as consumers seek diverse entertainment content and are drawn to our portfolio of brands and franchises,” Walt Disney president for Asia-Pacific Luke Kang (姜熡可) said in a statement.
The streaming service is available in Australia, India, Indonesia, Japan, Malaysia, New Zealand, Singapore and Thailand, Disney said.
Disney+ Japan would also be expanded in October to feature additional general entertainment content, it added.
“We are pleased with the subscriber growth and partnerships forged in markets, and look forward to engaging with more consumers across the region through unparalleled storytelling, creative excellence and cutting-edge content delivery,” Kang said.
In Thailand, the streaming service has topped app store charts since its launch on June 30, it said, adding that it is the leading subscription video-on-demand service in Indonesia and Malaysia.
Disney+ offers a selection of films and television programming from Disney, Pixar, Marvel, Lucasfilm, National Geographic and Star, which includes a growing stable of local and regional content, the company said.
The streaming service features exclusive original content and specials, including Marvel Studios’ WandaVision, Loki and The Falcon and the Winter Soldier, and Lucasfilms’ The Mandalorian, which takes place in the Star Wars universe, it said. It also includes films such as Pixar’s Luca and the National Geographic series Secrets of the Whales, as well as the musical Hamilton, it added.
The company said it would soon disclose more details on the forthcoming streaming service.
Disney+ is available in 61 countries and 21 languages across North America, Europe, Asia and Latin America.
UNPRECEDENTED PACE: Micron Technology has announced plans to expand manufacturing capabilities with the acquisition of a new chip plant in Miaoli Micron Technology Inc unveiled a newly acquired chip plant in Miaoli County yesterday, as the company expands capacity to meet growing demand for advanced DRAM chips, including high-bandwidth memory chips amid the artificial intelligence boom. The plant in Miaoli County’s Tongluo Township (銅鑼), which Micron acquired from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion, is expected to make a sizeable capacity contribution to the company from fiscal 2028, the company said in a statement. It would be an extended production site of Micron’s large-scale manufacturing hub in Taichung, the company said. As the global semiconductor industry is racing to reach US$1 trillion
Singapore-based ride-hailing and delivery giant Grab Holdings Ltd has applied for regulatory approval to acquire the Taiwan operations of Germany-based Delivery Hero SE's Foodpanda in a deal valued at about US$600 million. Grab submitted the filing to the Fair Trade Commission on Friday last week, with the transaction subject to regulatory review and approval, the company said in a statement yesterday. Its independent governance structure would help foster a healthy and competitive market in Taiwan if the deal is approved, Grab said. Grab, which is listed on the NASDAQ, said in the filing that US-based Uber Technologies Inc holds about 13 percent of
ABOVE LEGAL REQUIREMENT: The Ministry of Economic Affairs is prepared if LNG supply is disrupted, with more than the legal requirement of 11 days of inventory Taiwan has largely secured liquefied natural gas (LNG) supplies through May and arranged about half of June’s supply, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday. Since the Middle East conflict began on Feb. 28, Taiwan’s LNG inventories have remained more than 12 days, exceeding the legal requirement of 11 days, indicating no major supply concerns for domestic gas and electricity, Kung said at a meeting of the legislature’s Economics Committee in Taipei. The ministry aims to increase the figure to 14 days by the end of next year, he said. While one or two LNG or crude oil shipments for May
Taiwan’s food delivery market could undergo a major shift if Singapore-based Grab Holdings Ltd completes its planned acquisition of Delivery Hero SE’s Foodpanda business in Taiwan, industry experts said. Grab on Monday last week announced it would acquire Foodpanda’s Taiwan operations for US$600 million. The deal is expected to be finalized in the second half of this year, with Grab aiming to complete user migration to its platform by the first half of next year. A duopoly between Uber Eats and Foodpanda dominates Taiwan’s delivery market, a structure that has remained intact since the Fair Trade Commission (FTC) blocked Uber Technologies Inc’s
RSS