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September 28, 2004

Disney to Unveil International Strategy

Walt Disney, the US entertainment and media group, will on Wednesday unveil ambitious plans to expand its international TV business with significant investment in branded channels from its ABC network, the ESPN sports and Disney TV operations.Bob Iger, Disney president and chief operating officer, is expected to tell an industry conference that the US group is planning to launch new Disney channels in India and China, while expanding its ESPN presence in Europe and Asia.Mr Iger is also likely to take a swipe at Comcast, the cable group which abandoned a $60bn hostile bid for Disney earlier this year, by suggesting that better exploitation of new channels and technology makes more strategic sense for Disney than merging content and distribution.

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