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Netflix struggles in India, lagging behind Prime Video and Disney+, says Bernste...

 11 months ago
source link: https://nextbigwhat.com/netflix-struggles-in-india-lagging-behind-prime-video-and-disney-says-bernstein/
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Home Netflix struggles in India, lagging behind Prime Video and Disney+, says Bernstein

Netflix struggles in India, lagging behind Prime Video and Disney+, says Bernstein

  • Netflix has around 6.5 million subscribers in India, significantly less than Prime Video’s 20 million and Disney+ Hotstar’s 40 million.
  • Analysts attribute Netflix’s slower growth to a lack of local content, with only 12% of its titles being local, compared to 60% of Prime Video’s catalog.
  • Despite lowering prices and partnering with Jio Platforms, Netflix’s reception in India remains poor, with Disney’s Hotstar dominating due to its cricket streaming offerings.
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