Disney+ experienced a loss of 4 million subscribers during the first three months of 2023, which is the second consecutive quarter of decline for the streaming service. As a result, Disney+ now has 157.8 million subscribers worldwide. The reason behind this slump? Hotstar.
In other news, the recent Google I/O event on May 10th, 2023, was all about one thing - AI.
Tune in to The Signal Daily to know more!
Also, find our previous episode on Hotstar, here.
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Is Hotstar's Cold Streak Giving Disney+ the Chills?