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Netflix’s Global Paying Users Exceeded 260 Million in 2023: Strategic Marketing Spending Paid Off

Netflix, Inc. (NASDAQ: NFLX) has unveiled its financial results for the fourth quarter and the full fiscal year, ending December 31, 2023, and the results are noteworthy. The OTT streaming giant registered a 12.5% YoY and 3.4% QoQ growth...

Netflix Decoding India’s Streaming Landscape: Revenue Grew 24% YoY, While Profit Surged 75% YoY in FY23

Netflix is making significant strides in India's OTT streaming market, evident from its recent filing. The streaming giant reported an impressive 24% YoY growth in its operating revenue, amounting to Rs 2,214 crore in FY23, ending March 31, 2023....

Disney+ Hotstar Paid Subscriber Count Hit An All-Time Low in Q4 FY23: Only Rs 58 From Each Paying Users in India

Disney+ Hotstar, despite being India's largest OTT platform, finds itself in a constant battle to keep subscribers hooked, as evidenced by the latest financial results for the fourth quarter of fiscal 2023, which ended September 30, 2023. The number...

India’s OTT Audience Reached 481 Million in 2023: Only 7.6% Are Directly Paying To Streaming Platforms

The adoption and consumption of OTT content in India has been on a consistent rise, fueled by increasing internet penetration and a growing appetite for diverse digital content. The latest Ormax OTT Audience Report: 2023 reveals that the number...

Netflix Subscriber Count Reaches All-Time High in Q3 2023: Surprise Price Hikes Unveiled!

Netflix unveiled its third quarter financial results that ended on September 30, 2023, and it is nothing sort of remarkable. The streaming giant reported its best quarter with impressive growth in global revenue, net profit and paid subscriber base....

Disney+ Hotstar is Hard Hit by JioCinema’s Triumph and IPL Rights: 20.9 Million Paid Subscribers Left in FY 2023

The Walt Disney Company (NYSE: DIS) has just revealed its financial results for the third fiscal quarter ending July 1, 2023. Unfortunately, the quarter saw unfavourable developments for the company with respect to revenue, profits, and subscriber expansion. Disney's...

End of Netflix Password Sharing in India: A Shot In Arm or A Shot In Foot?

In a whirlwind of entertainment evolution, Netflix, Inc. (NASDAQ: NFLX) has been making waves with its revolutionary updates over the past year. One of these game-changing transformations is the epic battle against password sharing. Started in the United States,...

From 8% to 85%: Data Is Driving Telecos’ Revenue Now

The widespread availability of Over-the-top (OTT) messaging services has significantly impacted the telecommunications industry worldwide. Many countries, including India, have started analyzing the effects of OTTs. In the telecommunications sector, the dominance of voice services has been gradually replaced...

Disney+ Hotstar reports the largest-ever quarterly loss of paid subscribers in FY Q2 2023

The Walt Disney Company released its financial report for fiscal Q2 2023, which ended on April 1, 2023. The company has performed well in revenue, net profit, free cash flow, and overall ARPU. Conversely, the global number of Disney+...

Netflix subscription prices in India are slashed by 20% to 60%: Aims to convert freeloaders into paid subscribers

Amidst the intensifying competition, the price of Netflix subscriptions in India has been slashed further. Taking a cue from the success of its business strategy in India, Netflix, the well-known OTT entertainment player, has decided to slash the price of...
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Paytm App Downloads and User Engagement Take a Nosedive Post RBI Measures

The regulatory measures imposed on Paytm Payments Bank by the Reserve Bank of India (RBI) have had a direct...
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