Disney+ Hotstar’s Subscriber Base Drops 8% in Q2
Disney+ Hotstar, the Star India-owned streaming service, has reported an 8% QoQ decline in its paid subscriber base, dropping by 4.6 million to 52.9 million in the quarter ending April 1, 2023. This follows a 3.8 million drop in the previous quarter. The churn in subscribers is attributed to the loss of Indian Premier League (IPL) digital rights and the non-renewal of a content deal with Reliance Jio. Viacom18, Disney... Read More