Netflix’s subscription with ads may bring cheer, but it’s not all doom and gloom
It had for long been expected. Earlier this week, Ted Sarandos who is Netflix’s Co-CEO and Chief Content Officer, said in an interview with French newspaper JDD there’s been an impact of inflation on household budgets, which has seen many cancel subscriptions. Netflix also exited the Russia earlier this year, after the country’s military invasion of Ukraine led to a boycott of the market from many global companies, as well as the subsequent sanctions. Squid Games, the Korean thriller series which became Netflix’s most successful show ever, has been nominated for the Emmys 2022, for the drama series category. In June, Netflix had said the Hindi version of S S Rajamouli’s period action epic “RRR” became the most popular film from India on the platform, globally.
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