Disney+ Hotstar Streaming Service Expected To Lose 8 Million To 10 Million Subscribers In Fiscal Third Quarter
Portfolio Pulse from Benzinga Newsdesk
Disney+ Hotstar streaming service is projected to lose 8 to 10 million subscribers in the fiscal third quarter. This news comes as Disney explores strategic options for its India business.
July 11, 2023 | 8:32 pm
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Disney's streaming service, Disney+ Hotstar, is expected to lose 8 to 10 million subscribers in the fiscal third quarter. This could potentially impact Disney's revenue and stock price.
The loss of 8 to 10 million subscribers for Disney+ Hotstar could lead to a significant decrease in revenue for Disney. This could negatively impact the company's financial performance and potentially lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100