Google's Play Store Drama: Disney's India Streaming Platform Safe For Now, But With A 4% In-App Charge
Portfolio Pulse from Shomik Sen Bhattacharjee
Google, owned by Alphabet Inc, has clarified that the recent Indian court's directive preventing the removal of Disney's local streaming service, Disney+ Hotstar, from the Play Store is only temporary. Google will impose a temporary 4% fee on in-app purchases until the conclusion of the legal proceedings. The court also directed Novi Digital, the company behind the streaming service, to pay a 4% commission to Google for in-app purchases. This lawsuit marks the most prominent challenge against Google's new 'service fee' policy in India.
July 19, 2023 | 12:26 pm
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NEUTRAL IMPACT
Google's imposition of a 4% fee on Disney+ Hotstar's in-app purchases could potentially increase its revenue in the short term. However, the ongoing legal proceedings and challenges to its new 'service fee' policy in India could pose risks.
The temporary 4% fee could increase Google's revenue from in-app purchases. However, the ongoing legal proceedings and the challenges to its new 'service fee' policy in India could lead to potential regulatory risks and changes in its business model.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
Alphabet Inc, as the parent company of Google, could see potential impacts from the ongoing legal proceedings and challenges to Google's new 'service fee' policy in India. The temporary 4% fee on Disney+ Hotstar's in-app purchases could also affect its revenue.
As the parent company of Google, Alphabet Inc could be affected by the ongoing legal proceedings and the challenges to Google's new 'service fee' policy in India. The temporary 4% fee on Disney+ Hotstar's in-app purchases could also impact its revenue.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100