Lalit Modi

The international deals are small.

The international deals are small.

So the big ones, the domestic deals, Star re-ups on the TV deal for just over $3 billion for five years?

So the big ones, the domestic deals, Star re-ups on the TV deal for just over $3 billion for five years?

So that's only $500 million more than the two and a half that they did the previous time in 2017, but that was both TV and streaming. This is $3 billion just for terrestrial TV.

So that's only $500 million more than the two and a half that they did the previous time in 2017, but that was both TV and streaming. This is $3 billion just for terrestrial TV.

Yeah, actually slightly more than the TV deals. Ah. Do you know who Viacom 18 is? Oh boy, do I ever know who Viacom 18 is. This is a huge part of the story. Viacom 18 is a joint venture between Paramount and Reliance.

Yeah, actually slightly more than the TV deals. Ah. Do you know who Viacom 18 is? Oh boy, do I ever know who Viacom 18 is. This is a huge part of the story. Viacom 18 is a joint venture between Paramount and Reliance.

Yep, when you say broadcast, digital over the top, GeoCinema on smartphone apps.

Yep, when you say broadcast, digital over the top, GeoCinema on smartphone apps.

This is enormous. Disney, it was a real, real problem that they lost the digital rights in the bidding here. Remember, Disney Plus is the cornerstone of Disney strategy at this point in time. Under Iger, Iger has come back.

This is enormous. Disney, it was a real, real problem that they lost the digital rights in the bidding here. Remember, Disney Plus is the cornerstone of Disney strategy at this point in time. Under Iger, Iger has come back.

He architected this before he left. He's now come back from retirement. And Disney Plus has gone from the most incredible, greatest strategy, greatest thing from sliced bread to this total albatross hanging around the company's neck. And now they lose IPL digital streaming rights.

He architected this before he left. He's now come back from retirement. And Disney Plus has gone from the most incredible, greatest strategy, greatest thing from sliced bread to this total albatross hanging around the company's neck. And now they lose IPL digital streaming rights.

So the next quarter when Disney reports earnings, remember Disney Plus has been the cornerstone of the company's strategy for the last five, six, seven years. And it had been growing. It had been this great success story, success story through COVID. It's now up to, people are talking about, is this a true competitor to Netflix? Disney's passed 150 million global Disney Plus subscribers globally.

So the next quarter when Disney reports earnings, remember Disney Plus has been the cornerstone of the company's strategy for the last five, six, seven years. And it had been growing. It had been this great success story, success story through COVID. It's now up to, people are talking about, is this a true competitor to Netflix? Disney's passed 150 million global Disney Plus subscribers globally.

This turns the tide. I think it's the first quarter where they have a net subscriber loss. I think of, what, like two, three million Disney Plus subscribers that they lose on a net basis?

This turns the tide. I think it's the first quarter where they have a net subscriber loss. I think of, what, like two, three million Disney Plus subscribers that they lose on a net basis?

Yeah, this is a huge problem for Disney.

Yeah, this is a huge problem for Disney.