iWorld
Report on Shemaroo

Disney+ paid subs hit 103.6 mn, Disney+Hotstar accounts for around $34.5 mn subs

ARPU at Disney+Hotstar was down significantly compared to q1

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2021/05/14/dis.jpg?itok=NGwv9H-t

KOLKATA: With a higher-than-ever growth of streaming services in the last year, The Walt Disney Co.’s (Disney) direct-to-consumer venture Disney+ has also grown quickly to surpass 100 million subscribers.

Although its overall subscriber addition in q2 has fallen short of the Wall Street expectations, Disney+ paid subscribers have reached 103.6 million subscribers. Disney+Hotstar currently has nearly 34.5 million subscribers.

In the same quarter a year ago, Disney+ had 33.5 million subscribers. Although it has not been able to reach the expected 109 million subscriber base, the growth is indeed fast amid an array of big-ticket rivals. Along with the likes of Netflix, Amazon Prime Video, a bunch of new entrants HBO Max, Apple TV+ is also betting big on their streaming services.

“Results at Disney+ were comparable to the prior-year quarter as an increase in subscribers was largely offset by higher programming and production, marketing, and technology costs. The increases in subscribers and costs reflected the ongoing expansion of Disney+ including launches in additional markets,” the earnings press release mentioned.

Disney+ touched the milestone of 100 million subscribers in early March. It indicates the last month of the quarter has seen faster growth compared to the first two months, Disney CFO Christine McCarthy said in the earnings call.

“Between q1-q2, Disney+Hotstar was the strongest contributor to net subscriber addition and made approximately a third of total Disney+ subscriber base as of the end of q2. However, ARPU at Disney+Hotstar was down significantly compared to Q1 due to lower ad revenue as a result of the timing of the IPL cricket matches and impact of Covid in India,” McCarthy added further.

In the quarter, Disney+ reported an ARPU of $3.99 falling 29 per cent over the same quarter of last year. The decline in ARPU has been attributed to Disney+Hotstar as overall Disney+ ARPU excluding it was $5.61. However, the average monthly revenue per paid subscribe for Disney’s other streaming services ESPN+ and Hulu grew slightly.  

Direct-to-Consumer revenues for the quarter increased 59 per cent to $4.0 billion and operating loss decreased from $0.8 billion to $0.3 billion, the company stated. The decrease in operating loss was due to improved results at Hulu, and to a lesser extent, at ESPN+, it added. Overall, the media conglomerate has around 159 million total subscribers across its streaming services as of the end of the q2.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/19/altbalaji-800.jpg?itok=xAVPUJdC
ALTBalaji subscription up by 42% y-o-y in FY21

KOLKATA: ALTBalaji seems to be driving the growth of Balaji Telefilms with a 42 per cent growth in subscriptions for FY21. The platform sold a total of 4.7 million subscriptions for the year, compared to Rs 3.4 million in FY20.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/18/hipi.jpg?itok=hY19GUgq
HiPi launches on android, to be available for ioS soon

Short video platform HiPi has announced a separate app in the user-generated content (UGC) market. After being a part of Zee5 as a beta version since its launch in 2020, ‘HiPi ka naya adda’ will now be available for Android users from 18 June and iOS users from 22 June. 

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/18/photogrid_plus_1624022233852.jpg?itok=5LWHMrxX
MX TakaTak co-powers the ninth edition of Miss Diva

KOLKATA: Promising users compelling content across categories, MX TakaTak on Friday announced its association with the ninth edition of Miss Diva as the Co-powered by Sponsor for this coveted pageant. The nationwide hunt to select representatives from across the country commenced on 11 June and...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/18/naz.jpg?itok=Cmla0yqr
Nazara Technologies to acquire gaming agency Publishme

Nazara Technologies Limited announced that it has signed a binding term sheet to acquire a majority stake in Arrakis Tanitim Organizasyon Pazarlama San. Tic. Ltd. Sti (Publishme), the largest mobile game publishing agency in the Middle East and Turkey.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/17/photogrid_plus_1623933796698.jpg?itok=zvAHBEti
Snapchat premieres new Creator Shows with Anushka Sen & Vir Das

New Delhi: Snap has announced the launch of its first local and original Indian Creator shows produced by Qyuki and featuring television actress Anushka Sen and comedian Vir Das. Powered by relatable characters made for Snapchat’s mobile first audience, the shows will air exclusively on Snapchat...

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/17/dek.jpg?itok=R_5SsvQW
Zee5 unveils new brand campaign to promote Rs 499 subscription plan

As Zee5 keeps adding new content to its portfolio, it is also revising its annual subscription package to get more eyeballs. It has priced down its annual subscription to Rs 499 from Rs 999 for a limited period.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/17/as.jpg?itok=5CiF05FF
Amazon Studios launches inclusion policy & playbook

This is one production studio which is putting its money where its mouth is. And it should even get a nod of appreciation from the Indian ministries of information and broadcasting, electronics and information technology, and even education.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/16/discovery.jpg?itok=d2NlR53o
discovery+ unveils special content line-up for sports fans

With the sporting action on a pause, fans are scrambling for ways to enjoy their favourite sports. Streaming platform discovery+ on Wednesday, unveiled its new content line-up with a host of gripping documentaries to keep the fans engaged, as they wait for the real action. 

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/06/16/photogrid_plus_1623850060882.jpg?itok=rMN_Efxw
SonyLIV appoints Sreedhar Reddy Komalla as Telugu Content head

Kolkata: SonyLIV has appointed Sreedhar Reddy Komalla as Telugu Content head, Digital Business. In his new role, Reddy will primarily focus on leading the expansion plans of the Telugu vertical of SonyLIV for users across markets.

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required