According to The Hollywood Reporter, the Walt Disney Company is closing down its three Disney Channels in the U.K. this fall and moving the content to its streaming service Disney+. From the report: From Oct. 1, Disney+ will become the exclusive U.K. home for content from Disney Channel, DisneyXD and Disney Junior, the company said Thursday. “The direct-to-consumer service, which garnered more than 54.5 million subscribers worldwide in its first seven months, will now premiere all the latest films, series and specials from the three Disney Channels, along with offering a rich and expansive back catalogue of Disney Channel titles in the U.K., including Mickey Mouse Clubhouse, Descendants 3 and Phineas and Ferb,” Disney said.
The Hollywood conglomerate added: “The Walt Disney Company remains committed to our kids channels business and continues to execute distribution agreements for Disney channels in many markets where Disney+ is also available, with the goal of giving our fans multiple entry points to our storytelling.รข” One analyst suggested that it had been getting more difficult for Disney and its distribution partners in Britain to strike carriage deals for the company’s three kids networks that make financial sense for both sides, making the consolidation of the channels’ content a logical next step.
of this story at Slashdot.
Source:: Slashdot