Disney+ Hotstar now has 61.3 million subscribers, bringing Disney+’s global subscriber base to 164.2 million. This means that Hotstar now accounts for about 37.3 percent of the global Disney+ subscriber base. Disney+ added more than 9 million new customers during its fiscal fourth quarter, increasing the core platform total to 102.9 million international subscriptions as of October. This figure is excluding Disney+ Hotstar, which saw an increase of 42 percent over the previous year.
“Feather Disney+ HotstarWe are currently expecting a drop in customers [the next quarter] due to the absence of [Indian Premier League]But we expect to see some stabilization [the quarter after that]Christine McCarthy, Disney’s Senior Executive Vice President and Chief Financial Officer. In fact, IPL will be absent from Disney+ Hotstar for the next five years, with Viacom18 taking over all the digital rights. Disney Star still owns the TV rights.
Disney CEO Bob Chapek said fiscal year 2022 — Disney’s fiscal year ended in September — was a strong year for the company, adding nearly 57 million subscriptions this year, across all Disney-owned streaming services, totaling 235 million. .
“We are particularly pleased with the growth in the fourth quarter” [that ended in September]Which added 14.6 million subscriptions to our suite of services, including 12 million . Are included Disney+ subscriptions, of which over 9 million were core Disney+.” report good reads.
Disney+ Hotstar listed among international channels suffered an 18 percent drop in revenue, which fell to $1.1 billion (about Rs 8,965 crore). Operating income also declined 18 per cent to $0.1 billion (approximately Rs 814 crore), reflecting lower operating income from channels that operated for the entire current and prior-year quarters (on-going channels), partly from channels The closing is offset by profit.”
The company attributes the decrease in advertising revenue to lower results from outgoing channels, higher marketing expenses, and “adverse foreign exchange impact, partially offset by lower sports programming costs”, no IPL cricket compared to 18 in the previous quarter. There was no match. match in the same quarter of last year, thank you COVID-19 Pandemic due to change in schedule.
Disney It also notes that the average monthly revenue per paid subscriber on Disney+ Hotstar has dropped from $0.64 (approximately Rs.52) to $0.58 (approximately Rs.47). When it comes to live cricket, the streaming service currently offers the ICC Men’s T20 World Cup, which is scheduled to conclude next week. Disney Star also owns all the BCCI matches to be held in India.
Disney+ Hotstar Super subscription price in India is Rs. 899 per year, offers a 1080p experience, with commercials. Premium membership costs Rs. 1,499 with no ads and support for 4K resolution. Disney+ Hotstar also offers a mobile subscription at Rs. 499 per year, limited to one mobile device. There is also a free ad-supported tier, but with heavy content restrictions.