Disney Considering Sale of Disney+ Hotstar, ABC as it Reevaluates All Struggling Assets Despite Impact on Sports Rights
The future is now at Disney, and all of the company’s entertainment assets that aren’t Disney+ and Hulu could be up for review in the coming months as it prepares to transition to a streaming-forward entertainment strategy. A new report from Bloomberg indicates that Disney+ Hotstar, the streaming service the company operates in India may be for sale, and that Disney has already had talks with potential buyers.
It’s not a surprise that Disney would consider moving on from this service, despite the large potential customer base in India. Disney+ Hotstar has been hemorrhaging customers for three straight quarters thanks to Disney’s decision not to renew Indian Premier League cricket streaming rights, and the company may be ready to call it quits in that region as a result.
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It’s not a surprise that Disney would consider moving on from this service, despite the large potential customer base in India. Disney+ Hotstar has been hemorrhaging customers for three straight quarters thanks to Disney’s decision not to renew Indian Premier League cricket streaming rights, and the company may be ready to call it quits in that region as a result.
Sign Up Now $7.99+ / month disneyplus.com
Get Disney+, Hulu, and ESPN+ for just $12.99 a month ($13 savings).
Disney makes...
- 18/9/2023
- por David Satin
- The Streamable
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