The Walt Disney Company has lowered its 2024 forecast for its Disney+ streaming service to 215 million to 245 million subscribers, down 15 million on both the low end and high end of the company’s previous guidance of 230-260m paid subscribers.

The House of Mouse's expected downward revision has been directly attributed to the recent loss of Indian Premier League (IPL) digital rights, which was won by Reliance Industries Ltd-controlled Viacom18 for $2.98 billion (Rs 23,758 crore) after a heated bidding war. 

Jul 25, 2022 11:07
MELBOURNE: Cricket Australia (CA) formally confirmed Sunday news out in the media last week that Disney Star had secured the rights to broadcast Australian cricket throughout India and other territories across Asia.
May 13, 2022 11:05
MUMBAI: The BCCI's value pitch for the Indian Premier League's digital rights just got some serious heft with the declaration by the Walt Disney Company in an earnings call that Disney+ Hotstar had added over 4 million new subscribers in the March quarter, "which benefited from the start of the new IPL season".
Mar 10, 2021 12:03
BURBANK, CA: Disney+ has surpassed 100 million global paid subscribers in the 16 months since its launch, Bob Chapek, chief executive officer, The Walt Disney Company, announced Tuesday during the company’s virtual annual meeting of shareholders.
Dec 11, 2020 15:12
MUMBAI: A little over a year after The Walt Disney Company launched its streaming service Disney+, it was the media behemoth's plans for its direct-to-consumer business that was front and centre at its 2020 Investor Day event on Thursday. 
Feb 05, 2020 11:02
MUMBAI: Disney+ has a launch date in India. Sunday, March 29, the day IPL 2020 kicks off, is when Disney's on-demand streaming service will make its bow in the Indian market.  Disney+ will be made available through Hotstar — which Disney owns through its acquisition of 21st Century Fox — with both Hotstar VIP and Hotstar Premium being rebranded to ‘Disney+ Hotstar'.