On one hand, Virat Kohli and Mohammed Shami made many records in their names at Mumbai’s historic ground Wankhede. On the other hand, in 10 days, Disney Hotstar also made another new record in its name. Not only this, the way Virat, Shreyas Iyer and Mitchell were raining fours and sixes on the field. Similarly, money was raining on Disney Hotstar also. Due to the record made in this match, Disney Hotstar made a profit of Rs 41 thousand crores. Let us also tell you which record did Disney Hotstar make and how did the company earn more than Rs 41 thousand crores?
Disney’s video streaming service Disney+Hotstar set a new global live streaming viewership record on November 15. Earlier this record was made 10 days ago during the match between India and South Africa. There was one thing common in both the matches. That is Virat Kohli’s century. On November 5, Virat Kohli scored a century in the league match played at Eden Garden in City of Joy, Kolkata. Then he had equaled 49 centuries in ODIs. On 15 November, at the Wankhede ground, he scored his 50th century against New Zealand and made the record of scoring the most centuries in ODIs.
According to the data, the number of people watching the match on Disney+ Hotstar reached 53 million i.e. 5.3 crore. During the India-South Africa match on 5 November, this number was 4.4 crores. Before that, a new record was made in the league match played between India and New Zealand. Then the record of the FIFA World Cup final was broken. Disney+ Hotstar, the current market leader in India’s rapidly growing streaming scenario, has been breaking records continuously for the last one month.
Increase in company shares
Disney’s shares also saw an increase due to record viewership. On Wednesday, the stock closed with a rise of more than 3 percent. Whereas during the trading session, the company’s shares had also reached $94.57 with a rise of about 4 percent. According to New York Stock Exchange data, the company’s shares closed at $93.93 with a rise of 3.14 percent. The special thing is that ever since the Cricket World Cup started, Disney’s shares have seen an increase of more than 19 percent. On October 4, the company’s shares were not even $80. It is clear that Disney Hotstar has benefited tremendously due to the ongoing World Cup in India.
Profit of Rs 41 thousand crores in few hours
Due to the increase in Disney’s shares, the company’s market cap has also increased. Within a few hours, the company’s mcap has seen an increase of more than 5 billion dollars. Talking about the figures, a day ago the market cap of the company was 162.195 billion dollars. When the New York Stock Exchange closed on Wednesday, the company’s market cap was $167.289 billion. This means that the company made a profit of more than Rs 41 thousand crore in Indian rupees.
