Business Standard

Netflix mobile-only subscription plan surpasses initial expectations

Streaming giant added 4.8 million users in Asia-Pacific, which includes India, in one year till September

Three bankers seek to break Bollywood cliches with a $15 million war-chest
Premium

Yuvraj Malik Bengaluru
Netflix, the world’s biggest video streaming company, said its mobile and tablet-only subscription plan, launched exclusively in India in July, has performed well and surpassed the company’s initial expectations.

“We’ve been very, very happy with the mobile plan. It’s actually performing better than we tested,” said Netflix’s Chief Product Officer Gregory K Peters over an earnings conference call on Monday. 

Netflix did not break down the revenue earned from the said plan. After its mobile-only subscription, which is priced at Rs 199 a month, the streaming giant is also said to be testing multi-month subscription plans – a bundle for three-months, six-months

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in