Disney+ Hotstar Sheds 12.5 Million Subscribers in Fiscal Q3 Amid Strategy Shift; Streaming Losses Narrow ...Middle East

The Walt Disney Co. saw its streaming losses narrow in the second quarter amid an exodus of 12.5 million subscribers from its Disney+ Hotstar streaming platform in India. For the quarter, Disney exceeded Wall Street’s targets on earnings per share but missed on revenue. The Mouse reported total revenue of $22.3 billion, up 4% from […]

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