Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media.
Reportedly, The Walt Disney Company (DIS) is delaying the launch of its streaming service Disney+ in France by two weeks as requested by the French Government as there are bandwidth issues related to the COVID-19 crisis.
Disney+ was gearing up for launch in the UK and most major European markets on March 24. However, as per reports, European subscribers would be expected to experience temporarily low video quality. The company had agreed to a European Union request for streaming-video providers to “ensure the smooth functioning of the broadband infrastructure.” Expecting higher demand, the company is implementing measures to “lower our overall bandwidth utilization by at least 25% in all of the markets launching Disney+ on March 24th” stated, Kevin Mayer, head of Disney’s Direct-to-consumer and International business.
Dow 30 Component, The Walt Disney Company (DIS), and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media. To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company, Coverage Page.
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