iNDICA NEWS BUREAU-
The American streaming service Netflix close the year on big with 4.6 million paid subscribers in India, according to a recent analysis by Media Partners Asia.
The analysis revealed that the service is expected to command more than 25 million subscribers in the Asia Pacific region by the end of 2020. India could comprise up to 9% of the platform’s global revenue share in Q3 2020.
This could be because of its partnership with Reliance Jio.
In September, Netflix India partnered with Jio, to offer a free mobile-only subscription to post-paid subscribers at plans starting $5.3 per month and above. Subscribers are offered an option to upgrade to traditional plans.
Netflix is also hard-bundled with Jio’s fixed broadband service with free access to subscribers opting for data plans starting $20 per month and above. Netflix, in July 2020, started testing a $4.7 per month ‘mobile plus’ plan in India, which allows single HD streaming on mobile, tablets and laptops.
The mobile-specific plans have been coupled with the launch of a Hindi user interface as well as local Indian offerings such as Jamtara- Sabka Number Ayega and She, original films like Guilty, Choked and Bulbul which have been big hits during the lockdown, along with foreign titles such as Extraction, Old Guard, Money Heist, Never Have I Ever and a host of Korean, Spanish and Japanese content.
“Unlike other countries, India hasn’t really seen this kind of premium storytelling and is a new and nascent market. We want to create Indian stories for Indian and global audiences,” Monika Shergill, vice-president, content of Netflix India.
