By Naman Ramachandran
Disney's $5 Billion Bet on the UK and Europe
According to Jan Koeppen, the company's European director, Disney will invest at least $5 billion in production in the United Kingdom and continental Europe over the next five years.
Koeppen, who oversees Disney's operations in Europe, the Middle East and Africa, was optimistic about the continued viability of superhero films. "[The genre] seems to have a lot of life left," he told the Financial Times, reflecting on the success of "Deadpool & Wolverine." The film, produced at Britain's Pinewood Studios, has already grossed $903 million worldwide, setting a new record for R-rated film openings.
"We feel like we're really getting back into the swing of things with movies, which is fantastic. I'm positive that people are going to the movies again, and especially that they're enjoying our movies," Koeppen added.
