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Disney+ Hotstar ‘Retains Indian Streaming Lead After IPL Loss’

News Snapshot:

Disney+ Hotstar lost the rights to offer Indian Premier League (IPL) cricket last year, but the streamer remains India’s market leader, according to Ampere Analysis. The Disney-owned service has a 29% share of India’s 171 million streaming subscribers, Ampere’s latest report reveals — about 50 million subs as of Q1 2023. Rivals Prime Video and Netflix trail behind with 12.4 million and 6.2 million, respectively. Disney+ Hotstar has lost some subs, but Ampere predicts it will remain the market leader for some time to come, as it moves to a strategy for profitability and increasing ARPU (average revenue per user)….

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