Netflix is rapidly doubling down on its content creation efforts in the country. The content catalogue in the country has more than doubled when one looks at both original and licensed titles. The basic aim is to draw on the richness of content creators.
This year turned out to be reasonably good on expected lines. Advertising tends to be very susceptible to sentiment. In general, the sentiment from clients started improving and therefore we saw double-digit growth in advertising.
The Madras High Court has refused to stay the Telecom Regulatory Authority of India’s (TRAI) new regulatory framework for the broadcasting sector. The HC was hearing a plea filed by Chennai Metro Cable TV Operators Association seeking a stay on the framework.