Bob Iger Jennifer Maas India Entertainment stage reports sports Exodus Provident Strategy Bob Iger Jennifer Maas India

Disney+ Tops 150 Million Subscribers, Streaming Loss Narrows to $387 Million

Reading now: 248
variety.com

Jennifer Maas TV Business Writer Disney+ topped 150 million streaming subscriptions by the end of its fiscal fourth quarter of the year, up from 146.7 million in the previous quarter.

On Wednesday, Disney reported Core Disney+ subscriptions are at 112.6 million subs, as of the quarter ended Sept. 30, and the India-based Disney+ Hotstar is at 37.6 million.

These results come after a quarter that saw an exodus of 12.5 million Disney+ Hotstar subscriptions amid a strategy shift to move away from low-margin subscribers.

The loss of key sports rights in the region also set the stage for significant churn on the Hotstar front. Elsewhere in Disney streaming subs news, the quarter saw Hulu reach 48.5 million subscribers and ESPN+ up to 26 million.

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA