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'Disney+ Hotstar is here to serve many Indias, not one'

Mint Mumbai

|

October 23, 2023

Streaming app to focus equally on original web content, and sports events like Wimbledon

- Gaurav Laghate

'Disney+ Hotstar is here to serve many Indias, not one'

Video streaming service Disney+Hotstar is shifting V gears to adapt to changing subscriber dynamics in the Indian market, following a drop in its paid subscriber base from over 61.3 million to 40.4 million over the past nine months, after it failed to secure the digital rights of the Indian Premier League (IPL).

Sajith Sivanandan, head of Disney+Hotstar India, said all businesses go through periods of ups and downs, and the company is prepared to address the dip in subscriber numbers. "We grew on the back of a lot of sports properties with the peak around the T20 World Cup. Since then, we've been going through our next phase of evolution. Yes, IPL played a crucial role in our journey and brought in a certain set and type of subscribers to us. Now that IPL is not with us, we understand those subscribers won't continue to engage with us. And we are prepared for those changes as a result of it," he added.

FLERE HISTORIER FRA Mint Mumbai

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Govt eyes post-cut GST revenue surge

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time to read

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PayMate pulls plug on West Asia operations

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time to read

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Exide's dual bet: Can lithium-ion offset a weakening core?

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time to read

1 mins

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Bank-funded acquisitions won’t displace private credit

The Reserve Bank of India's (RBI) draft framework for bank-led acquisition finance marks a decisive policy turn: Indian banks can now enter the acquisition finance market within a clear perimeter, reshaping the competitive dynamics between banks and private credit funds.

time to read

3 mins

November 20, 2025

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Afghanistan trade minister seeks India investments, goods

Afghanistan's Taliban trade minister arrived in India on Wednesday on a maiden visit to draw greater investments and goods as both countries consider ways to enhance their relations in the backdrop of souring relations with neighboring Pakistan.

time to read

1 min

November 20, 2025

Mint Mumbai

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Fractal Analytics bets heavily on R&D in AI race before IPO

Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.

time to read

2 mins

November 20, 2025

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