Disney had big plans in India — here's why it's pulling back
Despite India's growth potential in the entertainment market, challenges such as intense competition, low willingness to pay for streaming services and difficulties in direct consumer engagement have hindered US media companies. Disney's decision to merge Star with Reliance Industries reflects these challenges as it faces setbacks including loss of streaming rights and declining subscribers.
In a recent article by Yahoo Finance, A&M Managing Director David Wisnia shares, "These companies need to focus on their 'core,' which is streaming ... So we have to fix that first and make sure that is a profitable venture before we invest in things that are not going to show profitability for years to come." Read the full article to learn how to navigate the pressures surrounding the entertainment industry.
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