Can't drive to a Disneyland from Cyprus, duh. No point marketing to people who are unlikely to buy the profit making product.
Serious answer, probably just lack of launch partner or people on the ground to help Disney navigate the local laws and distribution (which may include plopping down some servers in a data center).
Funny thing is Disney+ is available in south east asia via Hotstar for ~$10 a year with some deals from mobile carriers. I'm not really sure how they made money with that pricing.
Serious answer, probably just lack of launch partner or people on the ground to help Disney navigate the local laws and distribution (which may include plopping down some servers in a data center).