How Many Subscribers Does Netflix Have In India

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How Many Subscribers Does Netflix Have In India. Netflix India offered about 7 of the same content as Netflix US in the early days when it got. Netflix has a long way to go in India before it can hope of catching up to Amazon Prime Video and Hotstar.

Netflix Long Term Plans May Launch Soon In India Currently In Testing Entertainment News
Netflix Long Term Plans May Launch Soon In India Currently In Testing Entertainment News from gadgets.ndtv.com

1252 of Netflix global subscribers are based in the Asia-Pacific region. Mubi a 12-year-old on-demand movie streaming and rental service has arrived in India. India is the home of the Bollywood genre Holi festival and Mahatma Gandhi but unfortunately it doesnt have the US Netflix library.

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These lower prices are likely due to Netflixs attempts to further penetrate these markets with ambitious plans to have 100 million subscribers in India alone estimates put the current figure at around 5 million. The company added 4 million new subscribers during this quarter but missed its new subscriber goal by 2 million. This is around the same level of growth in Netflix revenue as we saw between 2018 16 billion and 2019. IHS Markit estimates that Netflix has 12 million subscribers in India less than half of Hotstars 30 million.