iWorld
Nicole Clemens makes the prime time move to Amazon’s streaming empire
MUMBAI: Nicole Clemens has swapped Paramount’s fading star for Amazon’s prime position, landing the plum role of vice-president and head of international originals for Prime Video and Amazon MGM Studios. The appointment, effective 7 July, sees her trading one streaming giant’s troubles for another’s triumphs.
Fresh from her stint as president of the now-defunct Paramount Television Studios—where she presided over hits like Tom Clancy’s Jack Ryan, Reacher, and Cross that ironically ended up on Prime Video—Clemens will now orchestrate Amazon’s content conquest across more than 20 territories. Rather like poacher turned gamekeeper, but with better streaming numbers.
Prime Video International, vice-president Kelly Day clearly couldn’t contain her glee: “Nicole is a highly respected and experienced media executive who will guide our future international originals slate as we invest for the long term.” Translation: she knows how to make shows that people actually watch.
The timing couldn’t be more fortuitous. Prime Video’s international division has been on a right tear, churning out more than 140 original series and films across two dozen territories last year—their biggest haul yet. With over 200 million Prime members globally, there’s clearly an appetite for content that doesn’t involve subtitles reading “Netflix Original.”
Clemens brings serious pedigree to the role. During her Paramount tenure, she shepherded everything from the Emmy-nominated Station Eleven to George Clooney’s Catch-22, plus the entire Star Trek universe for Paramount+. Before that, she spent five years as executive vice-president at FX Networks, overseeing crowd-pleasers like Atlanta and Snowfall.
Her new empire will span teams across Europe, Latin America, and Asia Pacific, with regional heads including Javiera Balmaceda (Latin America, Canada, and Australia), Tara Erer (Northern Europe), and Nicole Morganti (Southern Europe) all reporting directly to her.
Additionally, Nikhil Madhok, head of international originals for India, will continue reporting to Gaurav Gandhi, VP of Prime Video APAC and Mena, but will remain a part of Clemens’s leadership team.
Supporting the division are Marc Hausmaninger, head of content strategy for international originals, and Sam Semon, responsible for international business affairs. This expanded team underscores Prime Video’s commitment to tailoring content across regions, with Clemens at the helm steering the international creative and strategic direction.
She’ll initially set up shop at Amazon MGM Studios’ Culver City headquarters before decamping to Prime Video’s London office—presumably for the superior biscuit selection.
The appointment signals Amazon’s serious intent to challenge Netflix’s global dominance. With international hits like Germany’s Maxton Hall and Spain’s Red Queen already in the pipeline, Clemens will be tasked with ensuring Prime Video’s international slate remains anything but secondary viewing.
Gaming
Bluestone FY26 revenue rises to Rs 2,436 crore, turns profitable
Q4 profit at Rs 31 crore, full-year profit at Rs 13 crore vs loss last year.
MUMBAI: From sparkle to numbers, Bluestone seems to be polishing more than just jewellery this year. Bluestone Jewellery and Lifestyle Limited reported a sharp turnaround in FY26, with revenue from operations rising to Rs 2,436 crore (Rs 24,364 million), up from Rs 1,770 crore (Rs 17,700 million) in FY25. The company posted a full-year profit of Rs 13 crore (Rs 131.79 million), a significant recovery from a loss of Rs 222 crore (Rs 2,218 million) a year ago.
Total income for the year stood at Rs 2,486 crore (Rs 24,860 million), compared to Rs 1,830 crore (Rs 18,300 million) in the previous year, reflecting both topline growth and improved operational momentum.
The March quarter, however, told a more nuanced story. Revenue from operations came in at Rs 681 crore (Rs 6,814 million), down from Rs 748 crore (Rs 7,486 million) in the year-ago period, though higher than Rs 461 crore (Rs 4,613 million) in the preceding December quarter. Net profit for Q4 stood at Rs 31 crore (Rs 311.81 million), compared to Rs 68 crore (Rs 688 million) a year earlier, but a clear reversal from a loss of Rs 51 crore (Rs 512 million) in Q3.
Margins were shaped by higher input costs, with raw material consumption rising to Rs 2,204 crore (Rs 22,043 million) for the full year, alongside employee benefit expenses of Rs 282 crore (Rs 2,824 million) and finance costs of Rs 210 crore (Rs 2,104 million). Other expenses came in at Rs 371 crore (Rs 3,715 million), slightly lower than Rs 393 crore (Rs 3,938 million) in FY25.
On the balance sheet front, total assets expanded to Rs 4,961 crore (Rs 49,610 million) as of March 31, 2026, from Rs 3,532 crore (Rs 35,322 million) a year earlier, driven largely by a surge in inventories to Rs 2,672 crore (Rs 26,718 million). Equity also strengthened to Rs 1,803 crore (Rs 18,030 million), nearly doubling from Rs 911 crore (Rs 9,107 million).
Cash flows reflected the cost of growth. Net cash used in operating activities stood at Rs 199 crore (Rs 1,990 million), while investing activities saw an outflow of Rs 239 crore (Rs 2,392 million). Financing activities, however, generated Rs 497 crore (Rs 4,971 million), helping the company end the year with cash and cash equivalents of Rs 108 crore (Rs 1,075 million), up from Rs 49 crore (Rs 487 million).
Earnings per share for FY26 came in at Rs 1.10, a sharp improvement from a negative Rs 79.74 in FY25, underlining the shift from losses to profitability.
With revenue scaling up, costs still glittering on the higher side, and profitability finally back in the black, BlueStone’s FY26 performance suggests a business mid-transition less about shine alone, and more about sustaining it.
