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Netflix sees ‘big growth’ in India as subscribers binge on native content material

Netflix stated its income rose to $5.76 billion in Q12020 from $4.52 billion in Q12019.

Netflix on Tuesday stated it noticed “big growth” in viewership in India as subscribers binged on native content material, shoring up person engagement. Indian originals like She and Guilty, notably, have discovered traction amongst viewers, stated chief content material officer Ted Sarandos within the firm’s Q12020 earnings name. “And they (Indians) are also big fans of our global original content. La Casa De Papel was a huge hit in India for us as well as most of our other originals out of the US. So, we are growing the business, licensed, original, international, domestic, across the board in terms of content and content taste,” Sarandos stated.

Video streaming platforms in India have seen a surge in subscriptions as corporates shifted to do business from home mode amid the coronavirus pandemic. According to knowledge launched by market analysis agency Kalagato, person engagement on Netflix shot as much as as a lot as 80 minutes a day as of March 28 from just a little beneath 50 minutes on February 5.

To broaden its base in India, the US-based firm launched a mobile-only unique plan, a primary for the agency. Netflix stated its income rose to $5.76 billion in Q12020 from $4.52 billion in Q12019.

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