Subscriber additions for Disney+Hotstar continue to maintain a “strong growth trend”. The paid users of the service make up nearly 30% of the global subscriber base of Disney+, The Walt Disney Company said on Thursday.
Disney+ had 94.9 million subscribers as of January 2, 2021. The share of subscribers for Disney+Hotstar that operates in India and Indonesia is led by India.
Disney+Hotstar, whose bouquet of premium sports content is a big draw for many consumers, did see a “bump up” in the number of subscribers during the commencement of the IPL (Indian Premier League) season, said senior executive vice president and chief financial officer Christine McCarthy, The Walt Disney Company while speaking at the firm’s Q1FY21 earnings call. Responding to whether there is a risk of churn when the IPL comes to an end, McCarthy said that although cricket is a very important part of the platform’s programming strategy, the…