ALTBalaji crosses 1 mn paid subscribers mark in FY18

As of March 2018, ALTBalaji has 1.2 million paid subscribers ( excluding Reliance Jio platform users). ALTBalaji has over 11 million direct app install and an additional 2.2 million through the web browser.
Update: ALT now has 2.5 million+ subscribers.

ALTBalaji’s revenue for the exit quarter was Rs 3.7 crore compared to Rs 1.1 crore in the third quarter. Net loss widened to Rs 29.5 crore as against Rs 5.4 crore in the corresponding quarter of the previous fiscal.
ALTBalaji forays into a bit of soft porn content, but the point is that subscription business do work in India.
Your take?


Sign Up for NextBigWhat Newsletter