Pocket FM Shuts Pocket TV Despite India's Microdrama Boom
India, June 25 -- Audio entertainment platform Pocket FM has shut its microdrama vertical Pocket TV, as it plans to focus on its flagship audio platform.
A company spokesperson told Inc42 that the vertical was launched as a beta product to explore the microdrama category but did not make any material contribution to Pocket FM's business.
"As with any product experiment, we periodically evaluate performance and strategic fit, and any decisions related to Pocket TV are part of that normal process. Pocket FM is already profitable and cash-flow positive, with a strong balance sheet and healthy growth across its key markets," the spokesperson added.
The development was first reported by ET, which said that along with its audio platform, the...
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