Will the Disney Channel be shut down in the US due to the popularity of Disney+?

After rumors and speculations surface, Disney lovers are wondering if the Disney Channel is really being shut down. We will delve into the information and inform you about the potential of the network.
The Walt Disney Company is established on October 16, 1923 by brothers Walt and Roy O. Disney as Disney Brothers Cartoon Studio; it was previously The Walt Disney Studio and Walt Disney Productions. Before becoming The Walt Disney Company in 1986. Before branching out into live-action film production, broadcast, and the world of Disney, the company distinguished itself as a pioneer in the American cartoon industry.
Disney has been forming and acquiring business divisions since the 1980s. In order to offer more sophisticated material than is commonly associated with its main family-oriented franchises. Television, programming, streaming video, theme park hotels, retail products, publishing, and foreign companies are among Disney’s other major business segments. Disney operates and controls the ABC
network television, cable television stations and online streaming across all of these independent categories.
Disney Channel shutdown
As of October 1, the Disney Channel will not be available throughout Southeast Asia.
The Walt Disney Company has chosen to stop broadcasting the Disney Channel, including Disney Junior, in Southeast Asia.
The deal is reportedly aiming to shift its attention away from the channel and towards Disney+.

According to this source, “The Walt Disney Company is merging its Television Media business primarily in Southeast Asia and Hong Kong as a component of the company’s worldwide attempt to move toward a D2Cfirst strategy, as well as further develop global online streaming. These initiatives will allow us to better coordinate our capabilities to meet present and future needs.”
According to this source, Disney Channel is still broadcasting in the United States, so there is no evidence that it will close.
DISNEY CHANNEL IN OTHER COUNTRIES
On October 1, 2020, the Disney Channel will be deactivated in the UK. Supposedly, the lawsuit was made primarily because the networks’ programming was moved solely to Disney+.
“The direct-to-consumer service, which garnered more than 54.5 million subscribers worldwide in its first seven months, will now premiere all the latest movies, series and specials from all three Disney channels, in addition to offering a rich and extensive Catalogue. of Disney Channel titles in the UK Disney says in an official statement at the time.
Disney+ subscription for streaming
Since you can’t even watch the Disney Channel within your area, Disney+ is worth checking out.
In the UK, Disney+ costs £7.99 per month. In the United States, the membership fee is $7.99 per month. You can check the prices for your area, country or region by visiting the official Disney+ site. Happy streaming!