iWorld
Disney’s APAC head Luke Kang bats for regional content to push growth
Mumbai: The focus areas of the company in the APAC market have not changed much in the last one year, said Luke Kang, who was appointed as The Walt Disney Company, president – APAC, excluding India in 2020. Under his leadership, the APAC business has undergone restructuring with the appointment of a D2C head, spun off a division in Indonesia to grow the market and maximise the regional scale and in-market expertise in markets like Japan and China.
Kang virtually addressed the APOS summit on media, telecoms, and entertainment industry in APAC organised by Media Partners Asia on Tuesday.
The APAC market is critical to grow Disney+ 116 million SVOD subscribers globally, said Kang. The streaming platform has had a soft launch in Japan and will soon launch in South Korea, Taiwan, and Hong Kong. “The APAC market will contribute a sizeable share to the global subscriber base” he added.
Even though most of their content is produced in the US, the audiences in the APAC market including Indonesia, Thailand, Malaysia and Singapore have embraced Disney+, noted Kang. “These markets have a strong affinity for global and regional content”, he said.
“We’re not going to dabble in local content, but be a major player”, he emphasised when talking about the importance of producing content in local markets and supporting the creative economy in these markets. Kang said that first it would be important to understand the nuances about the customers in these markets. For example, he observed that consumers in Indonesia prefer to consume Korean or Japanese content. Those kinds of insights would enable Disney+ to make relevant investments to grow their subscriber share in local markets.
“We are thinking differently, than we used to pre-D2C. We get a lot more data in real-time. We are learning that we need to be very broad,” said Kang, “We will be doing a lot of local and regional content across multiple markets, to make our service better, more exciting, more localised.”
Speaking about the importance of SVOD business, he said, “SVOD is what you would call the ultimate scalable business. It is the one business in our portfolio where scale really matters. This technology allows us to bring the benefits of our global scale to consumers, especially, to consumers in APAC. Earlier, in the media industry, the content scale was global but it was difficult to scale distribution globally because you had a lot of walled garden ecosystems.”
Earlier this year, Disney has decided to shut 18 TV channels in Southeast Asia and Hong Kong effective from 1 October. The reports indicated that the channels were closed as part of the media company’s focus on increasing its focus on the D2C business.
Speaking about the move, Kang stated, “There’s a role for all media in the lives of consumers, although it changes over time. We’ve had to make tough decisions across the region when it comes to television. We’re making these decisions based on consumer demand, based on where the consumers are going. Consumers are telling us they want to engage with us on digital.”
Gaming
India’s broadcasters say no to Fifa World Cup 2026
Fifa has slashed its asking price by 65 per cent but India’s broadcasters are still not buying
MUMBAI: The world’s biggest sporting event cannot find a single taker in the world’s most sports-mad nation. Fifa’s television rights for the 2026 World Cup remain unsold in India, and the clock is ticking loudly.
To shift the property, world football’s governing body has already swallowed hard and cut its asking price from $100m to $35m, bundling in the 2030 edition as a sweetener. It has not worked. Indian broadcasters have looked at the offer, done the sums and quietly walked away.
The reasons are brutally simple. The 2026 tournament, co-hosted by the United States, Canada and Mexico, kicks off in a time zone that turns India’s primetime into a graveyard shift. Most matches will air between midnight and 7am IST, a scheduling catastrophe for advertisers chasing mass reach. The 2022 Qatar edition was a gift by comparison, with matches dropping neatly into Indian evenings. North America offers no such luxury.
The market itself has also changed beyond recognition. The merger of Star India and Viacom18 into JioStar has gutted the competitive tension that once sent sports rights prices soaring. Where rival bidders once slugged it out, there is now a single dominant buyer, and it is in no hurry. JioStar has valued the rights at roughly $25m, a full $10m below Fifa’s already-discounted floor price. That gap has so far proved unbridgeable.
Broadcasters are also nursing a ferocious cricket hangover. Between 2022 and 2023, Indian media houses committed well over $10bn to cricket rights alone, covering IPL, ICC events and BCCI domestic fixtures combined. After a binge of that scale, appetite for a football package that delivers a fraction of the ratings, in the dead of night, is close to zero.
The economics of football broadcasting make the maths even harder. Cricket, with its natural breaks every few overs, is an advertiser’s paradise. Football offers a 15-minute halftime and precious little else. Recovering a nine-figure rights fee from a single half-hour ad window is a stretch at the best of times. These are not the best of times: the Indian government’s tightening grip on real-money gaming and gambling advertising has vaporised a category that once underwrote the economics of big sporting events.
Nor is the World Cup an anomaly. Indian Super League valuations have cratered. English Premier League rights have softened across successive cycles. The cooling of football as a broadcast commodity in India is structural, not cyclical.
With the tournament opening on 11th June, Fifa is running out of road. It may yet blink and meet JioStar at $25m. Or it may go direct, streaming the entire tournament on its own platform, Fifa+, or cutting a digital deal with YouTube, and hoping that a generation of Indian football fans finds its way there without a broadcaster to guide them.
Either way, the beautiful game’s Indian chapter is looking decidedly ugly.
