iWorld
Zee5 amassed over million views for Friends: The Reunion
KOLKATA: To the delight of fans across the world, Friends: The Reunion returned to television screens on 27 May. While globally released on HBO Max, Indian viewers could also watch it on Zee5. On day one itself, the much-awaited return of the popular franchise registered over one million views, only hours after being aired.
“We at Zee are extremely delighted to note the roaring response that Friends: The Reunion received on Zee5, by amassing one million+ views and (still) counting, from across the country. We feel extremely proud to have played a part in understanding and serving the cult-loyal audience of the show, by streaming it across millions of screens. Consumer delight and a seamless user experience was an integral aspect of our approach across platforms and this step reinstates our commitment towards our viewers and partners,” Zee digital business and platforms president Amit Goenka said.
Zee5 announced last Sunday that it had picked up the rights of the show for Indian markets. For a generation and after, Friends, which ran from 1994 to 2004, had a massive following all over the globe, as in India as well. It continues to be one of the more popular series on Netflix, even after 27 years since its first episode was aired on TV. The special reunion episode’s trailer racked up hundreds of millions of views across several channels on YouTube, and wherever else it was released.
The current franchise offering features Jenifer Aniston, Courteney Cox, Matt LeBlanc, David Schwimmer, Matthew Perry and Lisa Kudrow touring their old sets on the Warner Brothers studio lot that is followed by a sit down question and answer session with funny man James Corden before a live audience. Corden’s conversations with the six witnesses a lot of re-enacting from old episodes, reminiscing, leg pulling, and poignant moments leading to a lot of laughs and even tears for the stars.
“As the country’s youngest OTT platform, Zee5 will continue to win hearts, not just in India, but across the globe. We remain committed to delivering compelling content that caters to the consumers’ unique tastes and preferences and enhances the value for our partners. We will continue to augment our offerings with a bespoke catalogue of premium and original content for audiences in India and across the globe,” Goenka added further.
Currently, Zee5 is available at Rs 499 for a 12-month premium plan. The streaming platform has been striving to sign on new subscribers; and picked up the rights to Salman Khan’s Radhe at Rs 230 crore, which led to some 4.2-odd million concurrent viewers logging on for the film’s premiere.
iWorld
Netflix cuts jobs in product division amid restructuring
Layoffs hit creative studio unit as leadership and strategy shifts unfold.
MUMBAI: The streaming wars may be fought on screen, but the latest plot twist is unfolding behind the scenes. Netflix has reportedly begun laying off several dozen employees from its product division as part of an internal reorganisation, according to a report by Variety. The cuts are believed to have primarily affected the company’s creative studio unit, which works on marketing assets such as in app trailers, promotional visuals and live experience content for the streaming platform.
The company has not disclosed the exact number of employees impacted.
According to the report, the layoffs were not tied to employee performance. Instead, the restructuring eliminated certain roles while other employees were reassigned to different teams within the organisation.
The roles affected are understood to include designers, producers and creative specialists responsible for marketing and brand experience initiatives.
The job cuts come as Netflix adjusts its leadership structure and reshapes its product and creative teams. Last month, Elizabeth Stone was promoted from chief technology officer to chief product and technology officer, giving her oversight of product, engineering and data operations across the company.
Earlier, in December 2025, Netflix also appointed Martin Rose as head of creative for global brand and partnerships, a move seen as part of a broader restructuring of the company’s brand and product functions.
Despite the layoffs, Netflix remains one of the largest employers in the streaming sector. The company is estimated to employ around 16,000 people globally, with roughly 70 percent of its workforce based in the United States and Canada. In 2023, the company reported approximately 13,000 employees, indicating that its headcount had grown significantly before the latest restructuring.
The workforce changes arrive at a time when Netflix is navigating a shifting financial and strategic landscape in the global entertainment industry.
The streaming giant recently secured $2.8 billion in additional cash after receiving a breakup fee from Paramount Skydance following its withdrawal from a deal involving Warner Bros. Discovery.
Speaking to Bloomberg, Netflix co chief executive Ted Sarandos explained that the company had evaluated multiple scenarios during the negotiations but chose not to match the competing offer once it learned that a higher bid had been submitted.
Netflix had capped its offer at $27.75 per share and ultimately stepped back rather than pursue Paramount’s $111 billion acquisition deal, which included a personal guarantee.
Sarandos also cautioned that the financing structure behind the Paramount Skydance transaction could have ripple effects across the entertainment industry.
According to him, the debt heavy deal could trigger significant cost cutting, with David Ellison, chief executive of Paramount Skydance, expected to eliminate about $16 billion in costs and potentially cut thousands of jobs as part of the integration process.
For Netflix, the current restructuring appears to be part of a broader attempt to streamline operations while continuing to invest in product, technology and global content even as the streaming industry enters a new phase of consolidation and financial discipline.
