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Los Angeles Times
Los Angeles Times
Business
Ryan Faughnder

YOU WONT BELIEVE: Bob iger signals significant transformation as disney loses 2 4 million subscribers 0611324a 8226 400e bb57 db0d7a3abc89 | Mind Blowing Facts

Bob Iger Disney Nelson Peltz Bob Chapek Walt Disney Co Entertainment Mark Parker

Bob Iger is back at Walt Disney Co., but that doesn’t mean the entertainment giant is out of the woods yet.

The company’s marquee streaming service Disney+ lost 2.4 million subscribers during the first quarter, bringing its total count to 161.8 million, mainly stemming from declines in its Disney+Hotstar product in India.

The service gained subscribers elsewhere, adding 1.4 million subscribers in the U.S. and internationally, not including Hotstar.

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