CEO Bob Chapek says company will continue to migrate content to Disney+.
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Chapek also offered his thoughts on the Indian market, acknowledging it required a vastly different approach for Disney.
“We have an unparalleled collection of entertainment and sports in our Hotstar offering, something we’re really proud of. But it’s a unique market,” he said. “That’s the case around the world, but [India is] really a unique market because we have particularly what I’ll call mass-market pricing and distribution.
“It’s a unique market in terms of that distribution because it’s really a mobile-first market, which is kind of unusual. They have low bandwidth, and so [we] have to tailor our offerings to match that low bandwidth and local languages are particularly important there. So we have to sort of customise for each of those unique elements.”