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Disney+ Hotstar lost nearly a fourth of its customer base, or 12.5 million subscribers, in the quarter ending June, Disney disclosed in its earnings Wednesday, the ongoing setback at the India-focused streamer that's reeling from the lack of cricket content. This is the third consecutive quarter in which Disney has lost subscribers. Hotstar had 40.4 million subscribers at the end of June, down about 21 million since October 2022.

Disney CEO Bog Iger announced that the company would start cracking down on password sharing on its Disney+ streaming service to address massive financial losses.

Disney CEO Bob Iger said during the earnings call that Disney will soon revise its subscriber agreements, introducing additional terms and sharing policies later this year

Efforts to reduce account sharing would follow Netflix

Billy Porter is not mincing words regarding the struggles he and many other actors currently face amid the ongoing strikes in Hollywood. While recently speaking with the Evening Standard, the Pose star admitted that a few of his upcoming projects have been put on hold due to the writers and actors on the picket lines, which… Continue reading Billy Porter Says He Has To Sell His House Due To Hollywood Strikes, Slams Disney CEO Bob Iger: ‘F**k You’