Group 1 - Disney's content investment in EMEA and APAC has "slowed down" due to technology challenges and strong performance of Hollywood movies in local markets [1] - The CEO indicated a mixed outlook for international spending, highlighting "opportunities" for selective investments outside the U.S., but cautioning that these should not be seen as "enormous" [2] - Local success of billion-dollar movies like Deadpool & Wolverine and Inside Out 2 suggests less need for locally-produced content compared to other regions [2][3] Group 2 - Disney is being cautious with international investments until technology issues are resolved, though specifics on these issues were not disclosed [4] - In India, Disney has formed a new $8.5 billion joint venture with Reliance Industries, where Reliance will own two-thirds of the shares and manage the business [5] - The deal merges Disney's Star India TV and Disney+ Hotstar with Reliance's JioCinema and Viacom18, with Disney retaining an ownership stake in the high thirties [6]
Bob Iger Says Disney EMEA & APAC Content Investments “Slowing” But Will Continue On “Selective” Basis: “We're Being Careful Until We Get The Technology Right”