Netflix On A Record High
Over-the-top (OTT) platform Netflix is raking in profits by record margins after posting a record 700% growth in 2018-19. Netflix's profit margin grew from 20 lakh in 2018 to 5.1 crore in 2019 whereas Hotstar is at a loss from 389 crore in 2018 to 554.3 crore in 2019
