Despite recent speculation, Walt Disney CEO Bob Iger has confirmed that the company is committed to the Indian market. While certain aspects of their operations in India have presented challenges, their linear business is actually profitable. Disney+ Hotstar had 37.6 million paid subscribers in the fiscal quarter ending in September 2023. Disney is exploring options to strengthen its position in the Indian market, including potential partnerships or the sale of some assets. The company reported an increase in revenue both quarterly and annually.
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Despite recent speculation, Walt Disney CEO Bob Iger has confirmed that the company is committed to the Indian market. While certain aspects of their operations in India have presented challenges, their linear business is actually profitable. Disney+ Hotstar had 37.6 million paid subscribers in the fiscal quarter ending in September 2023. Disney is exploring options to strengthen its position in the Indian market, including potential partnerships or the sale of some assets. The company reported an increase in revenue both quarterly and annually.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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