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 ...


Spotify

Spotify expands its music feature

Spotify has recently expanded its music video feature, now testing it with more Premium subscribers. Originally launched in March, this innovative video experiment was first rolled out in 11 countries, including the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, the Philippines, Indonesia, Egypt, and Kenya. Following p...


Netflix

Vir Das teams up with Netflix for new comedy special

Emmy-winning stand-up comedian Vir Das is set to collaborate with Netflix for an upcoming comedy special, as announced by the streaming giant on Wednesday. The globally celebrated comedian plans to film his latest show on October 19 at the DOME NSCI SVP Stadium in Mumbai, PTI reported from Mumbai. In a social media post,