Disney+ Hotstar currently has approximately 46.4 million paying users, bringing Disney+’s global user base to 116 million. As a result, Disney+ Hotstar’s contribution to the total number of Disney+ has increased from 30% to 40% in the past six months. Disney+ and Disney+ Hotstar added approximately 12 million subscribers in the last quarter (approximately April to June). These figures are as of July 3, 2021, the end of the third quarter of Disney’s fiscal year. Disney Chief Executive Bob Chapek and Senior Executive Vice President and Chief Financial Officer Christine McCarthy revealed these figures during the entertainment giant’s quarterly earnings call on Thursday.
McCarthy said: “We had 116 million Disney+ global paying users at the end of the third quarter, up from approximately 104 million in the second quarter.” “Disney + Hotstar accounted for our net user increase between the second quarter and the third quarter. Most of them, as of the end of the third quarter, only accounted for less than 40% of our total Disney+ user base. However, our core Disney+ market (excluding Disney+ Hotstar) subscriber growth is also very stable, and the total quarter-on-quarter net increase of these markets The number is consistent with the net increase in the second quarter. Disney+’s overall ARPU for the quarter was $4.16 [roughly Rs. 310].
“Excluding Disney+ Hotstar, it’s $6.12 [roughly Rs. 455] Or add about 0.50 USD [roughly Rs. 40] Compared with the second quarter, it reflects the benefits of recent domestic and foreign price increases. Disney+ Hotstar ARPU also increased from the second quarter to the third quarter due to the increase in advertising revenue per subscriber, reflecting approximately four weeks of [Indian Premier League] The games played in the third quarter and the games that were not played in the second quarter. “As always, IPL remains an important driving force for Disney+ Hotstar-this will also be a factor for Disney in the fourth quarter, and the 2021 IPL season will resume from September to October after the COVID-19 suspension of production.
In addition to IPL, the reason for the (continued) huge growth of Disney+ Hotstar is undoubtedly its expansion to other regions in the third quarter of Disney. Disney+ Hotstar was launched in Malaysia on June 1 and in Thailand on June 30, adding to the existing markets India and Indonesia, as well as the United States, Canada, United Kingdom, and Singapore (available as Hotstar). Disney+ Hotstar is expected to be launched in the Philippines later in 2021. Its parent company Disney+ is also expanding, with a full launch in Japan in October, and launches in Hong Kong, South Korea and Taiwan in mid-November.
At the same time, Disney+ postponed its expansion into Eastern Europe from the end of 2021 to the summer of 2021 because it also hopes to include parts of the Middle East and South Africa.