Mumbai: Walt Disney Company CEO said that the company “would like to stay”. He further stated that, “In India, our linear business actually does quite well. It's making money. But we know that other parts of that business are challenging for us,” Iger made these comments during an innings call.

While Hotstar grappled with a loss of 28 lakh subscribers in the last quarter, bringing the total loss to about 2.3 crore in a year, Disney+ globally added nearly 70 lakh subscribers, surpassing 15 crore, including Hotstar.  

For the quarter ended September 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data. Quarterly revenue of $21.2 billion was largely in line with consensus estimates. The company said it added nearly 7 million Disney+ streaming subscribers in the quarter, with the inclusion of “Guardians of the Galaxy Volume 3” and the original series “Star Wars: Ashoka.” Disney+ and Disney + Hotstar together boast 150.2 million subscribers, ahead of Visible Alpha's estimate of 147.4 million.