Netflix in Africa, Q2 2025: What Changed, What Didn’t, and What Remains Unsaid

Africa remains invisible in Netflix’s Q2 earnings call, even after the CANAL+ bundling deal launched in 24 countries and TF1 entered the mix.

📌 Africa = 1% of EMEA revenue (~$30–45M)
📌 No mention of Nigeria, South Africa, or Kenya
📌 No mention of CANAL+ or TF1, and no known co-productions with either
📌 Distribution expands, but no shift in platform control

And more…

🎧 Audio version available

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