Disney Plus loses its magic touch as millions cancel their subscriptions

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Disney Plus has enjoyed plenty of success since its March 2020 launch – but the wheels have have now started to come off its subscriber-filled wagon.During its Q1 2023 earnings report (opens in new tab), Disney confirmed that Disney Plus lost subscribers for the first time in its history. Between October and December 2022, the streaming platform’s global user base shrunk by 2.4 million.The main reason for this drop in users? Disney Plus Hotstar, the

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