Akshata Sharma
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India emerged as the second biggest market for streaming giant Netflix in terms of paid subscriber additions for the quarter ended June 2024, on the back of a robust content catalogue in the country
Further, India also ranked third in terms of revenue percent growth for the streaming giant during the second quarter of 2024.
Globally, Netflix saw the addition of 8.05 Mn subscribers, out of which 2.83 Mn came from the Asia-Pacific region, including India.
Netflix's overall revenue surged 16.8% year-on-year in Q2 of 2024 to $9.56 Bn, of which $1.05 Bn came from the APAC region.
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