Paid users up 42% but no IPL rights cloud future
Business Standard|November 10, 2022
Disney's Chief Financial Officer Christine McCarthy said that Hotstar accounted for over a third of the total paid subscriber base of Disney+ for the July September period
VIVEAT SUSAN PINTO
Paid users up 42% but no IPL rights cloud future

Disney+ Hotstar, the streaming service owned and operated by The Walt Disney Company in India, reported a 42 per cent year-on-year jump in its paid subscriber base for the July-September period, taking it to 61.3 million users, it on said Wednesday.

But the company warned of a future drop in subscriber numbers during its earnings call the second time it has expressed concerns on the subscriber front owing to the absence of the Indian Premier League (IPL).

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