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Message
Posted on 2/9/23 at 8:22 am to HottyToddy7
quote:
What is "the cricket"?
Disney lost the streaming rights to the IPL, a very popular Indian cricket league.
quote:
So why the Disney+ drop? Iger attributed it wholly to losses suffered by Disney+ Hotstar, which is the Southeast Asian/Indian version of the streaming service. Last year, it suffered a massive setback when it lost streaming rights to Indian Premier League, the hugely popular cricket league in India. After that setback, Disney had lowered growth projections for the Disney+ Hotstar service and prepped investors for a decline, though it was a bit more than the company thought.
Forbes analysis
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