Please ensure Javascript is enabled for purposes of website accessibility

Disney+ Gets a Jump Start in India With Early Launch

By John Ballard - Mar 11, 2020 at 9:58AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Streaming could help the entertainment juggernaut recover some momentum against coronavirus.

Disney's (DIS 1.08%) streaming service is now live in India. Disney+ was previously scheduled to be released in that country on March 29, but reports have surfaced that Disney's Hotstar app has been rebranded as Disney+ Hotstar. All original content from Disney+ and other content from the Disney catalogue are available, including The Mandalorian and High School Musical: The Series. However, some content is not available, such as Mickey Mouse shorts and the movies Captain America: Civil War, Cars, and Atlantis: The Lost Empire

During the fiscal first-quarter conference call in early February, former CEO Bob Iger said, "We see this as a great opportunity to use the proven platform of Hotstar to launch the new Disney+ service in one of the most populous countries and fastest growing economies in the world." 

A floating globe surrounded by various television screens.

Image source: Getty Images.

Ready for primetime

The early launch is another example of how smooth the start of Disney's new digital era has been, since Disney+ first launched domestically in November. Disney reported strong subscriber numbers during its fiscal first-quarter call, with 28.6 million people signed up as of Feb. 4. That Disney+ is launching two weeks early in a large market like India without any hiccups shows that is executing extremely well.

This is good for Disney, because it could help the company recover some lost momentum over the COVID-19 outbreak. Disney shut down its parks in Shanghai and Hong Kong, and also delayed the release of Mulan in China. These moves were necessary but will cost Disney in the short term with lower revenue in its parks and studios segments, which generate a large portion of revenue for Disney. 

Disney+ is expected to launch in Western Europe on March 24, and later this summer, the service will launch in Belgium, the Nordics, and Portugal. 

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

The Walt Disney Company Stock Quote
The Walt Disney Company
$97.18 (1.08%) $1.04

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 07/05/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.