However, the number of Disney Plus subscribers decreased in the company's first two fiscal quarters of 2023 as Disney+ Hotstar, in particular, lost subscribers.Īccording to estimates, over-the-top TV revenue reached over 150 billion U.S. By 2026, the conversion of the preexisting platform will be rolled out to numerous other Asian countries. Two years later, the media conglomerate launched the rebranded Disney Plus Hotstar in India and Indonesia. In 2018, The Walt Disney Company acquired 21st Century Fox, which also included the TV broadcaster Star India – the owner of India’s most popular streaming platform Hotstar. Estimates from May 2023 predict that both competitors might be up for a close race for the top spot by 2028, while Disney+ has lost considerable ground to them, compared to estimates from October 2021. Amazon Prime Video ranked second in the market, with 117 million users. SVOD subscriber count worldwide 2020-2028, by serviceĪs of September 2020, the total number of Netflix subscribers amounted to about 201 million, making it by far the most popular subscription video-on-demand service worldwide.
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