Disney+ streaming business loses 4m subscribers in first quarter

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Most of the losses came from its Hotstar service in Asia, which has lost rights to Indian cricket matches.

Most of the subscriber losses came from its Hotstar service in Asia, which lost streaming rights to Indian cricket matches last year.It comes as Disney's streaming business reduced its operating losses to $659m for the first three months of this year. That was down from $1.1bn in the previous quarter.

The latest announcement comes after thousands of Hollywood TV and movie screenwriters held their first strike in 15 years last week.

 

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