Walt Disney delays India launch of streaming service

EntertainmentWalt Disney delays India launch of streaming service

Date:

Walt Disney Co has delayed the March 29 launch of its Disney+ streaming service in India, where it was gearing up to open another front against global rival Netflix Inc.

The launch of Disney+ through its local partner Hotstar was timed to coincide with the beginning of the popular Twenty20 cricket tournament, the Indian Premier League, which has now been postponed until April 15 due to coronavirus fears.

“Given the delay of the season, we have made the decision to briefly pause the roll-out of Disney+ and will announce a new revised premiere date for the service soon,” Disney said in a statement.

Disney controls Hotstar, which it acquired through the $71 billion purchase of Twenty-First Century Fox in 2019, and the new service would have given it access to hundreds of millions of potential subscribers.

Share post:

Subscribe

Popular

More like this
Related

How Property Type Can Influence Your Home Loan Approval

When applying for a home loan, most borrowers focus...

PM Modi Announces New Law to Tackle Paper Leaks, Cabinet to Discuss Bill Today

Prime Minister Narendra Modi has announced that the Union...

Risk vs Return in Investing: Why Higher Returns Usually Mean Higher Risk

Every investment involves a balance between risk and potential...