Disney reports 28.6m subscribers on its streaming platform. Disney+ to launch in India on March 29th.
Everybody Loves Disney:
Disney's streaming service is less than three months old. It has also raked in a staggering 28.6m subscribers already.
In its first earnings report since the launch of Disney+, the entertainment behemoth reported $20.86bn in revenue and $1.53bn in earnings per share, both higher than analysts' expectations. Disney+ now has more than 28.6m subscribers, up from the 10m sign-ups it registered after it launched on November 12th.
The company previously forecast between 60mand 90m subscribers by the end of its 2024 FY. [WSJ]
Disney+ will arrive in India on March 29th through its Hotstar app, Disney CEO Robert Iger has announced.
While specifics weren't announced, the Hotstar app will reportedly be rebranded to "Disney Plus Hotstar". [BS]
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