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    QONEQT in News

    10-Nov-2022 09:10 AM


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    Hotstar subscribers grew 42% in a year, but Disney expects a fall ahead

    Disney+ Hotstar, the Indian streaming service of The Walt Disney Company, saw a subscriber growth of 42 per cent between October 2021 and October 2022.
    It currently enjoys a 22 per cent share in India’s subscription video-on-demand (SVOD) segment, “which may drop sharply, with people potentially moving to Voot or Jio to watch IPL”, explained Karan Taurani, SVP at Elara Capital.
    IPL drives 60-65 per cent of Hotstar numbers.
    If they don’t replenish it with new cricket rights, the drop will be sharper,” Taurani told Business Today.
    “The average monthly revenue per paid subscriber for Disney+ Hotstar decreased due to lower per-subscriber advertising revenue and a higher mix of wholesale subscribers, partially offset by an increase in retail pricing,” Disney stated. “
    Globally, however, the streaming giant’s ARRPS (excluding Disney+ Hotstar) increased marginally from $5.62 to $5.83 at the end of Q4 FY22.
    Source: BusinessToday
    #Hotstar