Disney+ Hostar

Post IPL digital rights loss, Disney lowers '24 forecast for Disney+

Last updated : Aug 13, 2022 14:08

SportzPower Team

Aug 11, 2022 16:08

Read more about Post IPL digital rights loss, Disney lowers '24 forecast for Disney+
Log in to post comments

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.

Apr 04, 2022 14:04

At prices set by BCCI, IPL digital rights appear more a telco play

SO HERE GOES THE FIRST OF THE PROMISED SEPARATE EXAMINATI0NS of the Board of Control for Cricket in India's Invitation to Tender (ITT) for media rights to world cricket's most valuable property.

Feb 10, 2022 20:02

If Disney loses IPL, local content will mitigate impact: Chapek

MUMBAI: The Walt Disney Company CEO Bob Chapek, discussing the media behemoth's latest earnings report, has asserted that while the Indian Premier League is "an important component" of its India business, "it's not like we see that business evaporating if we don't get (retain) it".

Nov 02, 2021 07:11

Star counts costs of Team India's losing out at T20 World Cup

MUMBAI: So India is out of out of the running for a semi-final spot in the ongoing T20 World Cup for all intents and purposes bar the shouting. And social media is awash with vituperative commentary deriding Team India's less than stellar performance in losing 2 out of their 2 opening games.

Aug 10, 2021 17:08

New BCCI media rights terms to kick in with NZ's Nov tour to India

MUMBAI: New Zealand Cricket on Tuesday confirmed a four-month international winter schedule, incorporating tours to Bangladesh, Pakistan, and India, as well as the ICC T20 World Cup in the UAE. The BlackCaps will fly in to India immediately after the T20 World Cup, which concludes 14 November, for a series that comprises three T20 Internationals and two Tests.

Dec 11, 2020 15:12

Disney ties future to streaming; IPL ups Disney+ Hotstar sub nos

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.

Jun 19, 2020 20:06

Disney+ Hostar India names new president & head

MUMBAI: Disney+ Hostar has finally filled the vacancy left by the departure of erstwhile chief executive Ajit Mohan when he joined Facebook as its India head in January 2019. Sunil Rayan has been appointed as the new president and head Disney+ Hostar. Rayan joins Disney+ Hostar from Google where he was for over seven years in various capacities.

Subscribe to Disney+ Hostar