Disney+ Hotstar loses 12.5 million subscribers in June quarter; CEO Bob Iger says ‘more to accomplish’

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Global Mod
Disney+ Hotstar loses 12.5 million subscribers in June quarter; CEO Bob Iger says ‘more to accomplish’ Disney reported a decline in subscribers to its streaming service and a net loss of $460 million, but shares rose by 2.5%. The loss in subscribers was mainly attributed to its Indian business and the loss of streaming rights for the Indian Premier League.
 
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