Netflix will continue to lead the market, with its Arabic base up from 3.55 mn to 5.45 mn by 2027.
The company, in its official statement, said they will soon have a combined streaming service.
The new app provides a more responsive environment, incorporating highly requested user features.
This included $2 mn of amortisation, $1 mn of restructuring.
The company is considering making the combined streaming platform free and ad-supported.