“we currently expect Disney+ core net additions in the fourth quarter to accelerate modestly versus Q3 and particularly in the domestic market.”

In context

“ere driven by the airing of 35 additional IPL cricket matches in the third quarter versus the prior year. Note that, results also benefited from the closure of certain channels over the past year. At Direct-to-Consumer, lower operating results across Disney+, Hulu and ESPN+, reflect increased programming and production costs, in line with the guidance we gave last quarter, as we continue to strategically invest in our streaming businesses. At Disney+, we crossed the 150 million subscriber milestone and ended the third quarter with more than 152 million global paid subscribers a net addition of more than 14 million subs versus Q2. Strong Disney+ core net subscriber additions of six million reflect growth in existing markets as well as launches in over 50 new markets during the quarter, and we currently expect Disney+ core net additions in the fourth quarter to accelerate modestly versus Q3 and particularly in the domestic market. At Disney+ Hotstar subscribers increased by over eight million as the IPO concluded its 15th season in the quarter. Hulu added more than 600,000 subs during the quarter and ended the third quarter with 46.2 million paid subscribers and ESPN+ ended Q3 with 22.8 million paid subscribers, a net increase of about 0.5 million versus Q2. At content sales, licensing and other, operating results decreased in line with our expectations by about $160 million versus the prior year quarter, reflecting an unfavorable foreign exchange impact and lower TV, SVOD and home entertainment distribution results, partially offset by higher stage play and theatrical results. As it relates to foreign exchange, note that the overall impact to the company's segment operating income was only modestly negative in the”