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Transcripts For BBCNEWS Asia Business Report 20240706

reporting that it added million subscribers in the first three months of this year. that sounds like good news, doesn t it? last year the company lost subscribers the final six months. but, wall street was expecting it to have added 3 million subscribers. last year netflix reported not one, but two quarters where it lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show a gain in subscribers. that is good. but, it is actually much less then what investors were expecting. netflix have come up with a plan to try and crack down on password sharing. it was meant to roll out in this first quarter, but the company decided to hold back until the second quarter of the year. and to try to make up for lost subscribers last year, netflix created an ad funded streaming service which was cheaper, but subscribers would need to sit through adverts. if the company thought it left its woes in 2022, it seems that this earnin

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Transcripts for BBCNEWS Asia Business Report 20240604 23:37:00

Make and have already seen in the pen to make and changes around that. so there make and changes around that. so there is make and changes around that. so there is that moment of happening. india is one beneficiary, not the only one, vietnam beneficiary, not the only one, vietnam is beneficiary, not the only one, vietnam is another that comes up vietnam is another that comes up in vietnam is another that comes up in discussion and including, and there up in discussion and including, and there are a few others in latin and there are a few others in latin america as well. but the indian latin america as well. but the indian government has what they call a indian government has what they call a production linked incentive plan, they are trained incentive plan, they are trained to motivate more manufacturing locally through tax breaks and that sort of thing. tax breaks and that sort of thing. so tax breaks and that sort of thing, so we have already seen a good thi

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