Melt In A Minute | Netflix Reports Profit of $587 Million In Q4, Dabur Calls For Media Review & More

Ritwika Gupta, January 22, 2020

Frome Netflix's Q4 earnings to Bloomberg launching Bloomberg Green, a look at today's top news

Here is your daily round-up of news that matters in the marketing, media and advertising world, brewed hot and fresh in just 60 seconds.

Top Headlines Today:

1. Netflix reports profit of $587 million in Q4
Netflix has posted earnings for its fourth quarter. The company reported profit of $587 million on revenue of $5.47 billion. Netflix also added 8.76 million new streaming subscribers in the December quarter. It ended Q4 with 167.09 million subscribers worldwide. It also mentioned that its APAC paid memberships grew by 1.75 million in the fourth quarter of 2019.

2. Dabur calls for media review
Dabur has called for a media review worth close to Rs 300 to 400 crore. Publicis Groupe’s Starcom India is the incumbent agency.

3. Leo Burnett India announces three senior appointments
Leo Burnett India has announced three new appointments in Mumbai. Ashima Mehra and Maninder Bali have been appointed as senior vice presidents while Sarina Baretto has joined as vice president.

4. Bloomberg launches ‘Bloomberg Green’ to focus on climate change Bloomberg Media has launched ‘Bloomberg Green’, a new editorial platform focused on climate change news, analysis, and solutions. As per the company press release, ‘Bloomberg Green’ aims to be the definitive source on capitalism and climate change.