So, there are less than 1% of the subscribers that watch HBO content on Disney+ Hotstar.. No wonder they didn't bother to renew. This says a lot about why WBD didn't bother to launch the service.
So, basically if 5 lakh people subscribed for HBO content, all of those subs @1499, they don't even break even at ₹80 crores per year.
Probably, this along with losing IPL rights are the necessary things that needs to happen to make Disney+ Hotstar reinvent itself as the content streaming platform rather than sports streamer which it used to be.
Let's see... I don't think any established players touches HBO at that price point, unless Reliance thinks it's necessary for them to grow... Let's see.