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Disney+ Hotstar Reaches 8 Million Paid Subscribers Within One Week of Launch

Disney’s video-on-demand streaming service Disney Plus (Disney+) has garnered roughly Eight million paid subscribers for its Disney+ Hotstar video streaming service in India in only one week of arrival. Disney on April three launched Disney Plus (Disney+) in India through Hotstar, a preferred on-demand video platform, at a beginning value of Rs 399 a 12 months. The firm introduced it has now surpassed 50 million paid subscribers globally.

“We are truly humbled that Disney+ is resonating with millions around the globe, and believe this bodes well for our continued expansion throughout Western Europe and into Japan and all of Latin America later this year,” mentioned Kevin Mayer, Chairman of Walt Disney Direct-to-Consumer and International. “Great storytelling inspires and uplifts, and we are in the fortunate position of being able to deliver a vast array of great entertainment rooted in joy and optimism on Disney+,” Mayer added.

Disney+ initially set a goal of 60 million to 90 million subscribers by the top of fiscal 2024, when it was first launched within the US in November. Disney+ amassed 26.5 million subscribers throughout the first quarter of 2020 in February. The new numbers point out that Disney+ added 21.four million subscribers in simply over two months. Netflix, the chief within the section, introduced that it has reached 167 million international subscribers in January. Disney+ has additionally been rolled out in eight Western European nations, together with the UK, Ireland, France, Germany, Italy, Spain, Austria and Switzerland.

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