Breaking Disney exploring options to sell or join venture Disney Star India Business

[StoriesWithPK]

But the people with RIL now are ex-Star.
If they can get back to the star brand, they can run it like old days.

What good is it when all their strategic decisions done by current Disney Star CEO Madhavan failed and leading to losses. The brand or the library isn't worth $8 Billion.

 

[Aksgr]

Disney earnings were released. No sign of indian divisio fate yet. But did say cost cutting and strategic option will be viewed

 

[StoriesWithPK]

Bob Iger says Disney would like to stay in India, looking to strengthen hand | TechCrunch

Bob Iger said Wednesday that Disney "would like to stay" in India and is considering its options in the world's most populous country where its TV Bob Iger said Wednesday that Disney "would like to stay" in India and is considering its options in the world's most populous country.

techcrunch.com

Hotstar lost 2.8 million subscribers in the quarter ending September, widening its overall loss to about 23 million in a year. Hotstar now has 37.6 million subscribers.

The glimmer of hope for Disney is that in the next quarter the company is likely to report a jump in the subscribers count – and potentially report a new India partner.

 

[Ashok Varma]

Bob Iger says Disney would like to stay in India, looking to strengthen hand | TechCrunch

Bob Iger said Wednesday that Disney "would like to stay" in India and is considering its options in the world's most populous country where its TV Bob Iger said Wednesday that Disney "would like to stay" in India and is considering its options in the world's most populous country.

techcrunch.com

Hotstar lost 2.8 million subscribers in the quarter ending September, widening its overall loss to about 23 million in a year. Hotstar now has 37.6 million subscribers.

The glimmer of hope for Disney is that in the next quarter the company is likely to report a jump in the subscribers count – and potentially report a new India partner.

So, RIL might be a minor partner (25% or 33.3%) in STAR INDIA with non compete agreement between DISNEY STAR and Viacom18

 

[dino29]

What good is it when all their strategic decisions done by current Disney Star CEO Madhavan failed and leading to losses. The brand or the library isn't worth $8 Billion.

Bro, did u read latest yearly financial report of Disney-Star?

They r still maintaining overall profit as their Entertainment Business is doing great while in sports business there is extremely good revenue (largely due to high viewership of India Cricket) but as acquisition cost of key India / ICC cricket properties + Other Niche Sports Properties is extremely high production + broadcast costs and other things add up to expenses hence overall this segment has reported loss but this has been offset by their Entertainment Business thus yielding profits with some decline compared to last year. Subscrption + Ad revenue looking strong in all segments

As far as Disney+Hotstar is concerned again there has been decline in subscriber base due to key sporting events like IPL , BCCI matches not being available on the platform but revenue from their OTT platform has seen a huge increase likely as not only people opt to watch variety of Non-Sports content on their platform but Freemium model for both Sports + Other content has been huge success and earned good subscription + ad revenue

For more information read this

Star India’s consolidated profit drops by 31 per cent to ₹ 1,272 crore

Star India's FY23 net profit dropped 31% to Rs 1,272 cr. Total income increased 9% to Rs 20,699 cr. Novi Digital Entertainment, the subsidiary owning Disney+ Hotstar, saw a 118% plunge in net loss to Rs 748 cr, while revenue jumped 35% to Rs 4,341 cr. Disney is in talks with Reliance to sell its...

www.thehindubusinessline.com

Hence u r wrong in saying that their strategy is not yielding good results, infact despite running such a massive broadcast business they r still immensely successful across all parameters

 

[dino29]

So, RIL might be a minor partner (25% or 33.3%) in STAR INDIA with non compete agreement between DISNEY STAR and Viacom18

So now would agree to my earlier assessment that Disney would continue to operate its Linear+Digital business though with certain strategic partnerships to fuel growth and compete with rivals in fast changing media landscape?

 

[Ashok Varma]

So now would agree to my earlier assessment that Disney would continue to operate its Linear+Digital business though with certain strategic partnerships to fuel growth and compete with rivals in fast changing media landscape?

Its my assessment, lets wait for final agreement. RIL can buy minor stake or RIL and Comcast jointly can buy major stakes from Disney due to valuation differences, Any way they are losing money due to free streaming for hotstar, increased production cost in linear tv without sufficient ad revenue, even viewers count are high.

 

[StoriesWithPK]

Bro, did u read latest yearly financial report of Disney-Star?

They r still maintaining overall profit as their Entertainment Business is doing great while in sports business there is extremely good revenue (largely due to high viewership of India Cricket) but as acquisition cost of key India / ICC cricket properties + Other Niche Sports Properties is extremely high production + broadcast costs and other things add up to expenses hence overall this segment has reported loss but this has been offset by their Entertainment Business thus yielding profits with some decline compared to last year. Subscrption + Ad revenue looking strong in all segments

As far as Disney+Hotstar is concerned again there has been decline in subscriber base due to key sporting events like IPL , BCCI matches not being available on the platform but revenue from their OTT platform has seen a huge increase likely as not only people opt to watch variety of Non-Sports content on their platform but Freemium model for both Sports + Other content has been huge success and earned good subscription + ad revenue

For more information read this

Star India’s consolidated profit drops by 31 per cent to ₹ 1,272 crore

Star India's FY23 net profit dropped 31% to Rs 1,272 cr. Total income increased 9% to Rs 20,699 cr. Novi Digital Entertainment, the subsidiary owning Disney+ Hotstar, saw a 118% plunge in net loss to Rs 748 cr, while revenue jumped 35% to Rs 4,341 cr. Disney is in talks with Reliance to sell its...

www.thehindubusinessline.com

Hence u r wrong in saying that their strategy is not yielding good results, infact despite running such a massive broadcast business they r still immensely successful across all parameters

Yea. Huge increase. ARPU increased from $0.59 cents to $0.70 cents while losing 2.8 million subscribers. Huge success for Disney+ Hotstar.

 

[dino29]

Yea. Huge increase. ARPU increased from $0.59 cents to $0.70 cents while losing 2.8 million subscribers. Huge success for Disney+ Hotstar.

Comparing Indian vs International revenue or ARPU of a company is itself a wrong thing to assess success or failure.... Subscrption Revenue shall always seem extremely small if u draw such comparisons as in India subscription charges r very less and largely ads form major component of revenue for any broadcaster , even in OTT space Freemium model works out best and here too subscription revenue or ARPU though higher as compared to Linear TV but still lot less if put it aside revenue earned or ARPU from International Markets then again it is quite less.

Volume of subscribers in India plays a crucial role rather than ARPU...also difference of expenses vs revenue is also in smaller range compared to foreign markets

 

[Ashok Varma]

Yea. Huge increase. ARPU increased from $0.59 cents to $0.70 cents while losing 2.8 million subscribers. Huge success for Disney+ Hotstar.

They will continue losing streak of subscribers due to free streaming Cricket World cup and Pro Kabaddi on mobile in this quarter also, So ARPU will increases for connected TVs.