Netflix’s latest earnings report is out. Africa entirely absent. No surprise.
Akoroko’s analysis tracks Q1 shareholder letter, full earnings call, and EMEA (Europe, Middle East, Africa) financials to assess what’s changed and what hasn’t.
The results are familiar:
– Estimated Africa revenue for the quarter: ~$30–45 million
– No signs of platform expansion
– Focus remains on South Africa, with measured presence in Nigeria and Kenya
– Strategy = low-risk, steady.
No retreat—just continuity.
Full newsletter report available in both text and 7-minute audio.
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