Disney+ Hotstar paid user base up 42% in July-Sept; firm says it may shrink

This is the second time the company has pointed to a likely drop in subscribers in the future due to the absence of IPL

Disney+ Hotstar, the streaming service owned and operated by The Walt Disney Company in India, reported a 42 per cent year-on-year jump in its paid subscriber base for the July-September period, taking it to 61.3 million users, it said on Wednesday.

But the company warned of a future drop in subscriber numbers during its earnings call – the second time it has expressed concerns on the subscriber front owing to the absence of the Indian Premier League (IPL).

In August, the company had revised its subscriber guidance down to 80 million for Disney+ Hotstar by the end of fiscal 2024