Friday, 24 March, 2023

Netflix India revenue for FY19 grows by 700 per cent

<p>Netflix India, the domestic arm of the US-headquartered video streaming major has witnessed&nbsp;a huge jump in its revenue. In the FY ended March 31, 2019, it reported an over 700% increase in expenses to&nbsp;Rs 461 cr. The Indian operations are run through Netflix Entertainment Services India, which is a limited liability partnership. In the FY19, Netflix launched series such as Lust Stories, Sacred Games, Ghoul, Dice-Media owned Little Things, Stranger Things, and more.</p>