Disney's Star India saw a significant increase in operating losses in the June quarter, largely due to a decline in advertising revenue and challenges with password sharing on Disney+ Hotstar. The company is working on strategies to address these issues, including measures to curb password sharing and boost ad revenue. Despite the losses, Disney+ Hotstar continues to be a major player in the Indian streaming market, aiming to enhance user engagement with new content and features.
Disney's Star India saw a significant increase in operating losses in the June quarter, largely due to a decline in advertising revenue and challenges with password sharing on Disney+ Hotstar. The company is working on strategies to address these issues, including measures to curb password sharing and boost ad revenue. Despite the losses, Disney+ Hotstar continues to be a major player in the Indian streaming market, aiming to enhance user engagement with new content and features.
