CosmicTaco

Netflix Sees Significant Growth in India in Q2 2024

CosmicTaco · 2024-07-19T08:20:35.445047+05:30

- Netflix added 8.05 million subscribers globally in Q2 2024, with 2.83 million from the APAC region, including India. - India became Netflix's second largest market for paid subscriber additions and third largest for revenue growth in the June quarter. - Successful original titles like 'Heeramandi' and 'Amar Singh Chamkila' drove growth in India, with 'Heeramandi' hitting 15 million views. - Netflix's revenue in the APAC region grew to $1.05 billion, a 14.5% increase from last year, while overall revenue rose to $9.56 billion. - Despite India's price-sensitive market and rising competition, Netflix continues to invest in local content and sees India as a key growth market. Source: NDTV

Netflix added 8.05 million subscribers globally in Q2 2024, with 2.83 million from the APAC region, including India.
India became Netflix's second largest market for paid subscriber additions and third largest for revenue growth in the June quarter.
Successful original titles like 'Heeramandi' and 'Amar Singh Chamkila' drove growth in India, with 'Heeramandi' hitting 15 million views.
Netflix's revenue in the APAC region grew to $1.05 billion, a 14.5% increase from last year, while overall revenue rose to $9.56 billion.
Despite India's price-sensitive market and rising competition, Netflix continues to invest in local content and sees India as a key growth market.

Source: NDTV