This comes amid the loss of key properties, including the Indian Premier League (IPL) and HBO shows such as Games of Thrones and The Succession, to rival Viacom 18. Disney+ Hotstar now has a paid subscriber base of 52.9 million users versus the December 2022 quarter's 57.5 million users, its results showed. The fall in Hotstar subscribers, sector experts said, stands in stark contrast to JioCinema, part of the Reliance-backed Viacom18 network, which is growing strong by the day.
On Thursday, JioCinema said that it had seen over 13 billion video views of the IPL in the first five weeks of the T20 tournament. Viewers had also spent an average time of 60 minutes per match on JioCinema during the period, with the record for peak concurrency having been broken twice on the platform.
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