Skip to main content

India to become top market for Netflix this year: CEO

Netflix CEO Ted Sarandos announced that India is becoming one of the top growth markets for the OTT giant. India has shown a 30% growth rate in view hours, 25% revenue growth year-on-year, and the highest paid net additions globally. Sarandos attributed this success to getting the product-market fit right, dropping prices, ending password sharing, and the booming Indian economy. He emphasized the importance of having the right price point and programming that people love. Sarandos also highlighted the correlation between Netflix's growth and the growth of internet connected television in India.

Netflix CEO Ted Sarandos announced that India is becoming one of the top growth markets for the OTT giant. India has shown a 30% growth rate in view hours, 25% revenue growth year-on-year, and the highest paid net additions globally. Sarandos attributed this success to getting the product-market fit right, dropping prices, ending password sharing, and the booming Indian economy. He emphasized the importance of having the right price point and programming that people love. Sarandos also highlighted the correlation between Netflix's growth and the growth of internet connected television in India. from Times of India https://ift.tt/X724riC

Comments

Popular posts from this blog

Pant, Hardik star in India's T20 World Cup warm-up

India ticked multiple boxes during their 60-run victory over Bangladesh in the T20 World Cup warm-up match here on Saturday, but none bolder than a fifty by Rishabh Pant which has all but sealed his place as the first-choice wicketkeeper batter in the ICC showpiece. India ticked multiple boxes during their 60-run victory over Bangladesh in the T20 World Cup warm-up match here on Saturday, but none bolder than a fifty by Rishabh Pant which has all but sealed his place as the first-choice wicketkeeper batter in the ICC showpiece. from Times of India https://ift.tt/9zh1Yfr