Disney Reduces Disney+ Hotstar’s Subscription Goal Following Loss of IPL Rights
The Walt Disney Co. has lowered its target for Disney+Hotstar subscribers in India and other Asian countries from 100 million to 80 million by the end of FY24. Disney+'s entire subscriptions will decrease from the initial forecast of 230-260 million to roughly 215-245 million by FY24. Senior executive vice president and chief financial officer of Walt Disney, Christine McCarthy, stated on the company's earnings call that the company is revising... Read More