iWorld
Netflix steams ahead with blockbuster Q1 as profits pop; Reed Hastings moves to non-exec chair
MUMBAI: Netflix smashed expectations in its first quarter of 2025, raking in $10.54bn in revenue—up nearly 13 per cent from last year—as the streaming titan shifts the spotlight from subscriber counts to cold, hard cash.
The platform’s earnings per share soared to $6.61, comfortably beating Wall Street’s forecast of $5.71, while net income hit $2.89bn, up from $2.33bn a year ago. Operating income leapt 27 per cent to $3.35bn, pushing the margin up to 31.7 per cent.
This was Netflix’s first earnings show without revealing its subscriber count, a move designed to pivot focus onto financial muscle and engagement rather than the once-sacrosanct user numbers. With pricing bumped up in key markets and a small but growing ad business, the company managed to woo both viewers and investors alike.
Shares gained around three per cent in after-hours trading, closing Thursday at a sizzling $973. Netflix also doubled down on its full-year revenue forecast of $43.5bn–$44.5bn, projecting a 15 per cent year-on-year lift for Q2, with a beefier operating margin of 33 per cent.
By region, the US and Canada contributed $4.62bn (up 9 per cent), EMEA rose 15 per cent to $3.41bn, Latin America clocked $1.26bn (up 8 per cent), while Asia Pacific surged 23 per cent to hit the same $1.26bn mark.
On the content front, the UK’s moody miniseries Adolescence got a nod for driving eyeballs, alongside action flicks Back in Action, Ad Vitam and Counterattack. WWE’s Monday Night Raw also proved a global hit, cracking the streamer’s weekly top 10 since its January debut.
The company launched its in-house ad tech platform in the US in April, touting it as a foundation for “enhanced targeting, snazzier formats and programmatic wizardry” in the quarters ahead.
While economic clouds hover—thanks to tariff turmoil under President Trump 2.0—co-chief executive Greg Peters struck a bullish tone.
“Based on what we are seeing by actually operating the business right now, there’s nothing really significant to note. We also take some comfort that entertainment historically has been pretty resilient in tougher economic times. Netflix, specifically, also, has been generally quite resilient. We haven’t seen any major impacts during those tougher times, albeit over a much shorter history,” he said, adding that Netflix’s cheaper ad tier gives it added economic resilience.
The earnings bonanza was capped off with a curtain call from co-founder Reed Hastings, who stepped down as executive chairman to become a non-executive chair—marking the end of an era for the man who helped binge-watching go mainstream.
And just to keep Wall Street happy, Netflix threw in some shareholder candy too—buying back 3.7 million shares for $3.5bn and paying down $800m in debt. Still, with $15.1bn in debt on the books and $7.2bn in the bank, the company isn’t quite ready to roll the end credits.
iWorld
Prime Video bets big on India with global originals, films and franchise expansion
Execs highlight scale, travelability and new IP bets as India anchors global strategy
MUMBAI: At Prime Video Presents 2026, the message was clear and confident. India is not just part of the plan, it is central to it.
In a lively fireside chat hosted by filmmaker Karan Johar, Kelly Day, vice president of prime video and amazon mgm studios international, Nicole Clemens, vice president of international originals, and Gaurav Gandhi, vice president for Apac and Anz, laid out an ambitious roadmap. Think bigger stories, wider reach and a sharper focus on building franchises that travel.
Kelly Day, a regular visitor to India, set the tone early. Calling the country “one of the most important markets globally”, she pointed to the sheer scale and diversity of audiences as a driving force behind Prime Video’s growth. Indian Originals, she said, are not just local hits but global engines powering subscriptions and engagement.
That global appeal is already visible. According to Clemens, around 25 percent of viewership for Indian content now comes from outside the country. Shows rooted deeply in local culture are finding fans worldwide, proving that specificity, when paired with universal themes, travels well. From gritty dramas to sharp thrillers, Indian storytelling is increasingly crossing borders with ease.
Clemens, who joined recently to lead international originals, was particularly upbeat about India’s creative range. She highlighted a growing slate of over 100 shows in development and production, with more than 60 percent returning for multiple seasons. For her, the formula is simple. Authentic stories, told well, resonate everywhere.
Adding to the buzz, she teased new and returning titles, alongside a fresh superhero universe, the Kalyug Warriors. It signals a push into new genres while doubling down on familiar fan favourites.
If content is king, distribution is the clever courtier. Day outlined Prime Video’s layered business model in India, which blends subscription, rentals, add on channels and ad supported viewing through Amazon MX Player. The idea is straightforward. Give viewers choice, whether they want premium, free or pay per view.
India, she noted, has also become a testing ground for innovation. Tiered pricing, mobile only plans and language diversity have all been sharpened here before being exported to other markets. In many ways, the India playbook is now influencing global strategy.
For Gaurav Gandhi, the next chapter is about scale with intent. He outlined four priorities. Making Prime Video more accessible, pushing Indian content globally, building stronger franchises and supercharging the films business.
On films, the platform is moving beyond licensing into co productions and now theatrical releases in partnership with amazon mgm studios. These films will eventually stream on Prime Video, creating a full circle from cinema halls to living rooms across 240 countries.
Franchise building remains another key pillar. With hits like The Family Man, Mirzapur and Panchayat already enjoying multi season success, the focus is now on creating the next wave of enduring IP. Newer titles are already lining up for second seasons, signalling a steady pipeline.
What stood out through the conversation was a shared belief. Streaming in India is still in its early innings, and the runway is long. With a mix of local flavour and global ambition, Prime Video is betting that stories from India will not just stay at home, but travel far and wide.
Or as the executives seemed to suggest, the world is watching and India has plenty more to show.
