Netflix plans to introduce 17 new original productions from Asia
[SINGAPORE] Netflix Inc plans to introduce 17 new original productions from Asia as it seeks to boost international subscriber numbers, chief content officer Ted Sarandos said on Thursday.
The plan, unveiled at its content showcase event in Singapore, comes after the US firm reported bumper quarterly results last month, driven by gains in international subscribers.
The company exceeded forecasts in both US and international markets but the bulk of the new subscribers came from outside the United States, where the company has been investing aggressively.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Sheng Siong Q1 net profit up 9.3% on higher revenue
Nestle sales growth sputters on US slump, vitamin snags
Hermes Q1 sales jump 17% on strong China demand
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Cordlife customers push for legal action