Netflix India is profitable in the first year itself

Netflix India reported revenues of Rs 58 crore and a net profit of Rs 20.2 lakh for FY 2017-18.

These numbers, however, reflect financials for seven months starting September last year after the actual transfer to local distribution entity from Singapore.On an annualised basis, the revenue numbers translate into about Rs 100 crore for the entire FY18 (via).

What do you think will be the state of OTT players in 2020?

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