Disney+ Hotstar To Stop Streaming HBO Shows From 31st March
Disney+ Hotstar used to broadcast HBO shows in India. But the company has decided to stop streaming HBO content after 31st March, for cost-cutting measures.
HBO fans in India are furious following a recent tweet from Disney+ Hotstar. The streaming service, which at the moment offers all of HBO’s programming to Indian viewers, has declared that it will stop taking this action as of March 31. This news greatly upset HBO fans, who immediately demanded a refund.
From March 31 through April 1 in India, Disney+Hotstar’s OTT service will no longer stream any HBO content.
Bob Iger, the CEO of Disney, recently disclosed the company will be taking cost-cutting measures. The details were released by Hotstar via its official Twitter account.
A month ago, Disney CEO Bob Iger revealed that the company would cut $5.5 billion in expenses, including $3 billion for non-sports content and $2.5 billion for other non-content expenses. Disney had also fired about 7,000 workers.
Hit HBO programs like The Last of Us, House of the Dragon, Succession, Severance, Last Week Tonight with John Oliver, and many others are currently available to viewers through Disney+ Hotstar.
Since 2016, HBO fans in India have had access to its programming on the same day as its US broadcast. Where the HBO content will be accessible right away has not yet been made known.
In addition to popular live sports material like Premier League soccer, Disney+Hotstar has declared paid services that offer content from a variety of international producers, including HBO, a division of AT&T Inc.
The OTT platform will have two pricing tiers, with the premium tier featuring its own original content like the “Star Wars” TV series “The Mandalorian,” as well as the Marvel films “WandaVision” and “Loki,” among other titles.
Under newly reinstated CEO Bob Iger, Walt Disney Co. announced a significant restructuring last month, eliminating 7,000 jobs in an effort to cut $5.5 billion in costs and turn its streaming venture profitable. The layoffs affect around 3.6% of Disney’s worldwide workforce.
The corporation will be divided into three sectors as part of a strategy to reduce expenses and give creative executives more control: an entertainment unit that includes film, television, and streaming; an ESPN entity that focuses on sports; and Disney parks, experiences, and goods.
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