Netflix reports strong Q3FY24 results: APAC revenue soars by 19% YoY

Netflix reports strong Q3FY24 results: APAC revenue soars by 19% YoY

In Q3 FY24, Netflix saw remarkable growth, with total revenue increasing by 15 percent year over year, exceeding expectations. The platform added 5.1 million paid net memberships during the quarter, leading to a 52 percent surge in operating income to $2.9 billion and an improved operating margin of 30%. Earnings per share (EPS) climbed by 45 pe...


ZEE5 focuses on expansion to drive growth, reduce losses

ZEE5 focuses on expansion to drive growth, reduce losses

ZEE5, the streaming platform from Zee Entertainment, is doubling down on family-friendly content, advanced technology, and cost-efficiency to fuel its growth while minimising losses, according to Chief Business Officer Manish Kalra. This approach has allowed the platform to increase both advertising and subscription ...