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Disney Commits $5 Billion to U.K. and European Production Over Next Five Years
Disney is set to invest $5 billion in production across the U.K. and continental Europe over the next five years, according to its European chief.
The company is also exploring local productions across Europe, with upcoming projects including a TV adaptation of Jilly Cooper’s “Rivals” in the UK and “The Lions of Sicily” in Italy. While facing stiff competition from rivals like Netflix, Amazon Prime, and Warner Bros. Discovery’s Max, Koeppen remains confident in Disney’s content creation capabilities. Disney’s latest quarterly results overall sparked joy for the Mouse House recently — with the record-breaking “ Inside Out 2 ” boosting profits and the company’s consolidated streaming business landing in the black for the first time.
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