wordpress blog stats
Connect with us

Hi, what are you looking for?

Disney+ Hotstar to not be deterred by loss of IPL broadcast rights

What is the video streaming service’s fallback?

Disney+ Hotstar had an eventful quarter as it added nearly 26 lakh subscribers whereas Disney+ added nearly 1.1 crore subscribers from Q4 2021, according to the company's earnings report for Q1 2022. Why it matters: The growth is notable as Netflix recently announced that it lost nearly 2,00,000 subscribers for the first time in a decade. It could also mean that Disney+ is bucking the trend of an impending slowdown in the streaming sector as people return to offices and theatres open up. What is the role of sports: Disney’s CEO Bob Chapek informed analysts that sports is a key differentiator based on which they enter different territories with their service. Chapek added that a big percentage of consumers in Latin America subscribe to Disney+ because of sports. “It's a very important strategic offering because the fandom and the passion is so deep,” Chapek said. How crucial is IPL in India: Chapek said that the company will try to extend its IPL rights but has plans in place if it were to lose the IPL broadcast rights. He assured investors that the company will still be able to achieve its target of 230 to 260 million subscribers by 2024. What if Hotstar loses IPL rights: Chapek said that IPL is “an important part of the Disney+ Hotstar content offering” but it's “one component of a broader portfolio of entertainment and sports”. He highlighted that the company has a library of Disney, Pixar, Marvel, Star Wars, and Nat Geo besides its collection of…

Please subscribe/login to read the full story.
Written By

I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ