“We'd like to stay,” Disney CEO on Hotstar’s alleged sale

Despite recent speculation, Walt Disney CEO Bob Iger has confirmed that the company is committed to the Indian market. While certain aspects of their operations in India have presented challenges, their linear business is actually profitable. Disney+ Hotstar had 37.6 million paid subscribers in the fiscal quarter ending in September 2023. Disney is exploring options to strengthen its position in the Indian market, including potential partnerships or the sale of some assets. The company reported an increase in revenue both quarterly and annually.

from Times of India https://ift.tt/ZmGPrCY
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