Despite 34 Mn Users, Disney+ Hotstar Pulls Down Disney+'s ARPU By 30%
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India, May 14 -- Video streaming platform Disney+Hotstar has weighed on the average revenue per user for Disney+ for the quarter ended April 3, 2021. Disney+ Hotstar operates only in India and Indonesia.Walt Disney, in its quarterly financial report, highlighted that Disney+ Hotstar average monthly revenue per paid subscriber is significantly lower than the average monthly revenue per paid subscriber for Disney+ in other markets.
The company further adds that the average monthly revenue per paid subscriber for Disney+ decreased from $5.63 to $3.99, or by 30%, due to the launch of Disney+ Hotstar. Disney had acquired Hotstar in 2019 and launched Disney+ Hotstar for the Indian market in April 2020. The over-the-top (OTT) platform was launc...
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