iWorld
Report on Shemaroo

The Walt Disney Co’s Q4 gains: IPL boosts Disney+Hotstar subs

It contributes 25 per cent of Disney+ overall subscriber base of 73.7 million

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2020/11/13/disney.jpg?itok=Rs5tMOWF

KOLKATA: It has been only one year since Disney+ entered the streaming war but the growth has been phenomenal. The streaming service from The Walt Disney Company (Disney) has reached 73.7 million subscribers as of 3 October. Disney+Hotstar has pushed the growth contributing around 25 per cent of the global subscribers which effectively makes for around 19 million subscribers.

“Disney+ ended Q4 with 73.7 million paid subscribers or an increase of over 16 million subscribers versus Q3. Disney+ Hotstar subscriber additions were the largest contributor to this increase, driven by the start of the delayed IPL season. Disney+ Hotstar subscribers now account for a little over a quarter of our global subscriber base. Disney+ overall ARPU this quarter was $4.52. However, excluding Disney+ Hotstar, it was $5.30,” Disney senior executive vice president and chief financial officer Christine McCarthy said in an earnings call.

This means that Disney+Hotstar’s ARPU is at about 78 cents or around Rs 58.

Disney+ entered India coupling with its existing service Hotstar, which the mouse house  took over as a part of its Twenty First  Century Fox acquisition in April. The rebranded service Disney+Hotstar has  signed up around 19 million subscribers in six months which is no small feat, especially in a crowded market like India.

Originally, Disney planned the launch in March with the beginning of IPL 2020. Unfortunately, the Covid2019 crisis forced the company to change the plan. Although it could not exploit the unparalleled popularity of IPL at its launch, it is reaping the benefits now. Moreover, the timing of launch may have also worked in its favour as the lockdown has massively boosted the OTT ecosystem.

Disney+Hotstar contributed around 15 per cent of Disney+ overall subscriber base in Q3. The service can grow its base faster as it has expanded its footprint to Indonesia in September. The company also announced its debut in Singapore on 1 November

The giant media conglomerate is gradually focusing more on direct-to-consumer (DTC) business making up for its late entry in the game. “We are going to continue to ramp up our investment in DTC and we will be heavily tilting the scale from our linear networks over to our DTC business as we see it as a primary catalyst for growth,” Disney CEO Bob Chapek commented.

Disney’s direct-to-consumer and international segment revenue grew 41 per cent to $4.9 billion in Q4, while segment operating loss declined from $751 million to $580 million, as a result of better results at Hulu and ESPN Plus.

“The real bright spot has been our direct-to-consumer business, which is key to the future of our company, and on this anniversary of the launch of Disney+ we’re pleased to report that, as of the end of the fourth quarter, the service had more than 73 million paid subscribers – far surpassing our expectations in just its first year,” Chapek said.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/05/img_05032021_160115_800_x_800_pixel.jpg?itok=zgzpHsMn
SC grants interim protection to Amazon Prime Video’s Aparna Purohit

New Delhi: The Supreme Court on Friday granted interim protection from arrest to Amazon Prime Video's India originals head Aparna Purohit in the FIR registered by Uttar Pradesh police in connection with the web series, Tandav. The court was hearing Purohit’s appeal challenging the Allahabad high...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/tandav.jpg?itok=BwEvlLTv
SC favours OTT guidelines, says screening needed

KOLKATA: The Supreme Court on Thursday remarked that there should be pre-censorship of OTT content like films while hearing a plea by Amazon Prime Video India originals head Aparna Purohit. She had moved the apex court challenging Allahabad high court order denying anticipatory bail to her in...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/amazon.jpg?itok=fFJh_nhg
Amazon tweaks new app logo after comparison with Hitler’s moustache

MUMBAI: If you have ever ordered a package from Amazon, you would be familiar with their product packaging- an ubiquitous brown cardboard box with a black adhesive tape running along its sides. Taking this imagery even further, the e-commerce giant had unveiled its new app icon in January featuring...

iWorld e-commerce
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/aditya.jpg?itok=Ik4oc6uY
Epic On now streaming on Airtel Xstream platform

KOLKATA: Premium OTT platform Epic On has tied up with Airtel Xstream to offer its users the Epic On subscription at a special price. The partnership would allow Xstream users to access the comprehensive library of thousands of hours of titles ranging from movies, TV shows, and documentaries.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/shorts.jpg?itok=OorMy8P-
ShortsTV forays into OTT space with Airtel Xstream

KOLKATA: ShortsTV has partnered with Airtel to launch its first video-on-demand service on Airtel Xstream that can be enjoyed on both the mobile app as well as television screens. ShortsTV is now available at a nominal subscription of Rs 99 per month and Rs 499 for a year.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/img_04032021_125214_800_x_800_pixel.jpg?itok=9n3rCIF8
SonyLiv’s Scam gets season two, will tell The Telgi Story

MUMBAI: After delivering a monster hit with Scam 1992: The Harshad Mehta Story, SonyLiv and Applause Entertainment are looking to recreate the magic with the second season of the Scam franchise. Tentatively titled Scam 2003: The Curious Case of Abdul Karim Telgi, the show will be adapted from the...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/v.jpg?itok=gc20qu-r
Bombay HC orders Amazon Prime Video to take down Telugu film ‘V’

NEW DELHI: The Bombay high court has directed OTT platform Amazon Prime Video to take down Telugu movie V following a defamation suit filed by a Mumbai-based actor. Sakshi Malik has sought the deletion of a scene in the film in which her portfolio picture was used without her permission. The court...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/netflix.jpg?itok=ZH48NWgU
Guest column: Implications of the new digital media code for online content platforms

The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021, framed under the Information Technology Act 2000, were notified on 25 February 2021.

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/03/04/mix.jpg?itok=jpZAaCMU
Pay-per-view takes off in India, but has a long way to go

While the last year has seen the entry of new over-the-top (OTT) players, it has witnessed the burgeoning of new business models as well, pay-per-view being one of the most noticeable trends.

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required