Business News›Industry›Media/Entertainment›Entertainment›Netflix India revenue doubles on mobile plans, local shows
Netflix India revenue doubles on mobile plans, local shows
Synopsis
Video streaming platform Netflix has doubled its India unit revenue in fiscal year 2019-20, chiefly on the back of Indian content and a cheaper mobile-only plan.
Video streaming platform Netflix has doubled its India unit revenue in fiscal year 2019-20, chiefly on the back of Indian content and a cheaper mobile-only plan.Netflix India reported revenue of Rs 923.7 crore and net profit of Rs 8.9 crore, according to the company’s filing with the Registrar of Companies, which was sourced from AltInfo, a data insights firm. In financial year 2018-19, Netflix India had recorded a 700% jump in turnover to Rs
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