Netflix to increase Asia content spending by 15%
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The OTT giant Netflix is set to increase content spending in Asia by 15% in 2023 after seeing an exorbitant rise in the region. As per a report by Media Partners Asia, the Asia-Pacific region revenue has accelerated by 12% year-on-year. It has raked in $4B when compared with 9% growth in 2022. Netflix's rise promises more Asian content.