Walt Disney continued to achieve strong growth in its streaming business during Q4 2022, but at a cost. Across all of its core SVOD brands (Disney+. ESPN+ and Hulu), the company now has 235 million subscribers. But it also reported direct-to-consumer operating losses of $1.5 billion for Q4, thanks to content and marketing investments. The […]
Disney has raided Google for its new head of Indian streaming giant Disney+ Hotstar. Sajith Sivanandan becomes EVP and head of Disney+ Hotstar, reporting into Rebecca Campbell, chairman of Disney’s international content and operations group, and K Madhavan, president of India’s Disney Star. Sajith Sivanandan Sivanandan’s remit includes oversight of all Disney+ Hotstar business in […]
The Indian Premier League (IPL) has seen its rights valuation more than double, with DisneyStar and Viacom18 set to be revealed as the winners of a competitive rights tender. While the Board of Cricket Control in India (BCCI) is yet to officially reveal the results, multiple reports from the country have said that DisneyStar, the […]
Disney plans to up its investment in streaming offering Disney+ beyond the previously announced total content spend of between US$8 and US$9 billion in fiscal 2024 as it ploughs money into more regional and local content. The commitment came as Disney+ subscriber additions for its fourth quarter slowed to a trickle with just two million […]
Total cumulative paid OTT subscriptions will surpass traditional pay TV in Asia and Oceania this year, according to a new report from Omdia. According to Omdia, DTVE’s sister research organisation, growth in online video will mainly come from the South-Eastern Asia region, where it is being fuelled by the launch of new low-cost plans by […]
Disney+ Hotstar has already opened up a sizable lead over Netflix in an increasingly competitive Indonesia. The Southeast Asian country is the fourth most populous in the world, with a total of 270.6 million residents. However, a report from consultancy Media Partners Asia (MPA) notes that only three percent of the country is currently subscribed […]
The Indian government is to place streaming platforms such as Netflix and Amazon Prime Video under the regulatory supervision of the country’s ministry of information and broadcasting in a move that observers believe could presage a crackdown on content deemed unsuitable – or politically unacceptable – by the ruling Bharatiya Janata party. Video streaming platforms […]
Disney’s Asia Pacific president Uday Shankar is stepping down from his position after 18 months in the role. Shankar, who was also chairman of Star and Disney India, joined the Mouse House in February last year having previously been president of 21st Century Fox in Asia. He moved into his most recent role after Disney […]
Disney+ Hotstar, the recently rebranded version of the Star India streamer, is set to become the second highest revenue earning video platform in India by 2025. According to new figures from Media Partners Asia, the SVOD acquired by Disney as a part of the US$71 merger with 20th Century Fox, will see its revenue grow […]
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