Fox Movies, Disney Channel, Disney Junior and many other familiar foreign TV channels will officially stop broadcasting in Vietnam.
The Department of Broadcasting and Electronic Information (Ministry of Information and Communications) quoted the announcement of Disney Networks Group Asia Pacific Limited (Disney) and Buena Vista International Inc (BVII) saying they would stop broadcasting some TV channels. foreign image in Vietnam in the near future.
Accordingly, from October 1, 14 TV channels including: Disney Channel, Disney Junior, Fox, Fox Movies, Fox Family Movies, Fox Action Movies, Fox Life, Fox Crime, Fox Sports, Fox Sports 2, Fox Sports 3, FX, Channel V and National Geographic People will stop providing broadcast on pay services in Southeast Asia including Vietnam.
The decision was made after the “rat house” completed the $71 billion deal to officially acquire Fox in 2019, ending Hollywood’s Big Six era. According to some evaluations from experts, the termination of broadcasting channels under the Disney and Fox systems is understandable when this giant focuses on exploiting the Disney+ online movie viewing platform, competing directly with other brands. strong competitors like Netflix or HBO Go.
The move to stop providing familiar channels was also implemented by Disney in many other regions, such as the UK in early October 2020. Or like Australia, after 24 years of broadcasting, in February 2020, Disney also definitively said goodbye. Disney’s online streaming service platform, Disney+, was launched in Singapore in February 2021, and nearly a year in Indonesia. The Disney+ platform as of August 2021 has attracted more than 100 million subscribers, ranking second only to Netflix. Big Disney predicts the number of subscribers will surpass 200 million by 2024.
Currently, the above 14 foreign program channels have a deadline to provide until the end of September 30, 2021. Previously, the Department of Radio, Television and Electronic Information issued a written request to businesses holding the right to provide these channels of service to promptly notify customers to ensure their interests in accordance with the provisions of law. the law and the agreed service provision contract. In addition, the Department also requires these units to develop appropriate business plans from October 1, 2021.
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