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Netflix will air the second season of The Fabulous Lives of Bollywood Wives on September 2

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The American streaming platform Netflix has announced that the second season of its reality TV series The Fabulous Lives of Bollywood Brides will be presented on September 2. The show focuses on the personal and professional lives of Neelam Kothari, Maheep Kapoor, Bhavna Pandey and Seema Khan, wives of Bollywood actors Samir Soni, Sanjay Kapoor, Chunky Pandey and Sohail Khan respectively.

Netflix lost 1 million paid subscribers worldwide in the April-June quarter, better than the 2 million figure it had forecast, but paled in comparison to the 1.5 million added during the same period a year ago. Average revenue per membership (ARM) in the APAC (Asia and Pacific) region was down 2% year-on-year, he said, due to lower prices in India last December. The company that recently announced Microsoft as a technology and business partner has a low-cost advertising plan that will complement its existing plans and will launch in early 2023. It is also expected to monetize the more than 100 million households that consume but do not directly pay the service.

We added 1.1 million paid subscriptions in the (APAC) region (compared to 1 million last Q2). ARM in APAC was -2% year-over-year, due to the impact of our India price cut last December as well as plan mix, which was partially offset by an increase in ARM in Korea and Australia. Excluding India, APAC ARM was up 4% year-on-year at constant currencies, the company said in a letter to shareholders.

Over the past two quarters, the Reed Hastings-owned platform has attributed slowing revenue growth to connected TV adoption, account sharing, competition and macroeconomic factors such as the sluggish economic growth and the effects of the war in Ukraine.

Overall, the service, which forecasts 1 million paid net additions globally for the third quarter from 4.4 million in the previous quarter, said it expected a high impact from the unprecedented appreciation of the US dollar. , as nearly 60% of its revenue comes from outside the United States.

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