Disney + Hotstar accounts for a quarter of Disney + paid subscribers
Disney + Hotstar now has more than 18.5 million paid subscribers, bringing Disney + ‘s global subscriber base to 73.7 million. Disney’s senior executive vice president and chief financial officer Christine McCarthy revealed those numbers during the entertainment giant’s quarterly earnings call on Thursday. Disney + and Disney + Hotstar added more than 16 million subscribers this last quarter, from July to September, with the latter helping the most, thanks to the recently concluded 2020 IPL season. Since IPL is available with the annual Disney + Hotstar VIP plan only, you can expect these subscribers to stick around for at least a year.
Speaking to analysts, McCarthy said: “Disney + ended the fourth quarter with 73.7 million paid subscribers or an increase of more than 16 million subscribers compared to the third quarter. Disney + Hotstar Subscriber additions were the largest contributor to this increase, driven by the start of the delayed IPL season. Disney + Hotstar subscribers now make up just over a quarter of our global subscriber base. Disney + Overall ARPU [average revenue per user] this quarter it was $ 4.52 (roughly Rs. 337). However, excluding Disney + Hotstar, it was $ 5.30 (roughly Rs. 395) “.
Back in april Disne and provided the first official numbers for its Hotstar streaming service, noting that there were 8 million paid subscribers. The new numbers mean that Disney + Hotstar has effectively more than doubled its paid subscriber base. And these numbers may not fully explain the accelerated growth provided by Indian Premier League (IPL) – the annual Twenty20 cricket tournament – for Disney’s quarter ended October 3. The 2020 IPL season concluded on November 11.
Disney + Hotstar is available in India and Indonesia, and only as Hotstar in Singapore, where it launched in early November and where Disney plans to launch Disney + separately.
There is no clarity on the number of paid subscribers for the biggest Disney + Hotstar competition: Netflix and Amazon Prime Video. A report by Media Partners Asia claims that Netflix will end 2020 with 4.6 million paid subscribers in India, while Amazon Prime had 4.4 million paid members in India, according to the latest available.