ST Alpha - "I think Hotstar had broadcasting rights to everything, so all lost games hurt their bottom line." (Reading a Post)

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In response to "I dunno about "important games" but basically the group stage of the tournament was a round robin format with every team playing every other team" by Roger More

I think Hotstar had broadcasting rights to everything, so all lost games hurt their bottom line.

Posted by David (aka David) Aug 8 '19, 14:57

Iger actually mentioned it in his fiscal quarter earnings report. Hotstar alone lost $60 million due to the historic combination of users and the lost revenue from rainouts. He indicated that they'll get some of it back this quarter, but it sounds Hotstar is going to lose Disney a lot of money for a while due to its soaring popularity.

As the guy mentioned in that Moviepass article someone linked yesterday, unicorn losses are somehow better than moderate ones.

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Broadcasting rights in India and some other Asian markets (eg Sri Lanka, Bangladesh) as well as digital in the US and Canada. - Roger More Aug 8, 15:16

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I think Hotstar had broadcasting rights to everything, so all lost games hurt their bottom line.

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