The executive gave a keynote speech at the Busan International Film Festival, previewing the launch of the streaming service in the country on Nov. 12.
For Luke Kang, president of the Walt Disney Company for the Asia-Pacific region, the growth opportunities for the streaming market in South Korea are clear and abundant.
There’s a clear reason why global media and entertainment companies are keeping an eye on Asia — and South Korea in particular — as one of the most strategic and important regions for their businesses, he argued. “APAC has three of the top 10 global economies and film markets, including Korea, and four of the top ten digital video markets,” Kang said in a keynote speech at the Asian Content and Film Market of the
. “The sheer size, sophistication and potential of many high-growth Asia-Pacific markets is not to be underestimated.”
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