Disney+Hotstar
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Disney+ Hotstar Witnessed a Loss of 2.8 Million Subscribers in India, CEO Affirms Commitment to Stay
In a strategic move, Bob Iger, the CEO of Disney, expressed the company's commitment to the Indian market despite a setback for Disney+ Hotstar, which witnessed a loss of 2.8 million subscribers in the quarter ending September 30.
Disney in talks with Adani, Sun TV to sell India assets
The US entertainment giant’s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, which could involve selling part of the Indian operations or a combination of the unit’s assets including sports rights and regional streaming service Disney+ Hotstar, Bloomberg reported.
Disney+ loses 4 mn subscribers as fresh layoff round approaches
In its Q2 2023, the company reported 157.8 million subscribers, compared to 161.8 million in the previous quarter. The key reason behind the decline was Disney+Hotstar, which lost 8 per cent of its subscriber base -- from 57.5 million in Q1 2023 to 52.9 million in Q2.
Disney to use viewing history for better park experience
At an event, Disney CEO Bob Chapek said that the company is working on a way to personalise experiences on the basis of how someone interacts with its physical and digital services, reports The Verge. "If you are on Disney+, we should be aware of what happened, what you experienced, what you liked, the last time you visited a park, and vice versa," Chapek was quoted as saying in the report.
Disney+ will not show ads to preschoolers on new streaming plan
The company confirmed this to TechCrunch and added that the lighter ad load and no commercials for preschool content will be the plan for the initial launch. Disney+ will have fewer ads than its sister service Hulu's ad-supported tier, which shows ads for nearly twice as much time (approximately 7.4 ads), the report said.
Disney hires Google veteran Jeremy Doig as CTO of streaming group
Disney has announced that it has roped in former Google executive Jeremy Doig as the new Chief Technology Officer (CTO) of Disney Streaming. Doig, a 30-year veteran in online media, will lead the technology organisation and global technology strategy for The Walt Disney Company's portfolio of direct-to-consumer streaming services.
Jio launches two new Disney+ Hotstar bundled plans
The new plans will allow users to experience Disney+ Hotstar Premium, the Disney+ Hotstar platform's most exclusive membership, on their Jio numbers. Disney+ Hotstar's Premium subscription will let users enjoy their favourite content in 4K on as many as 4 concurrent devices. This service can be used across mobiles, laptops, tablets and connected TVs.
Disney+ mobile app exceeds $1.5bn in worldwide consumer spending
According to Sensor Tower Store Intelligence data, Disney+ passed $1 billion in worldwide gross revenue in April 2021, and the SVOD platform saw its most mobile spending in a single month ever in July when the app's revenue was 204 per cent above the amount generated during its launch month.
Disney+ reaches 116 mn subscribers: Report
In its earnings report on Thursday, the company said that across Disney+, ESPN+ and Hulu, Disney reported a total of 174 million subscribers. Disney also beat estimates on earnings and revenue, boosting the stock by about 6 per cent in after-hours trading, reports CNBC. Analysts remain optimistic that Disney+ will reach its goal of 230 million to 260 million subscribers by 2024.
Disney+ now has 103M paid subscribers
The streaming service has gained more than three million subscribers since March, which was the last time subscriber details were shared. In April 2020, Disney+ had just 33 million subscribers, so the service's growth has been astronomical, exceeding all expectations in the year and a half since launch, MacRumors reported.
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