Disney’s Hotstar loses 8.4 million subscribers as Ambani’s JioCinema ascends

TechCrunch
By Manish SinghMay 11, 2023, 1:16 am379 pts
Disney, the global entertainment conglomerate operating a variety of streaming platforms, suffered a 2% contraction in its total subscriber base for the quarter ending March this year. The decline is largely attributed to one specific streaming service: Hotstar. The Disney+ Hotstar platform, catering to viewers…

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