Market Overview

Report: Netflix Is 'Eager' To Produce Content In India

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According to Business Standard, an India-based daily newspaper, Netflix, Inc. (NASDAQ: NFLX) is "eager" to produce local content in the country after entering the country last month as part of a global expansion to more than 100 countries.

The publication noted that is proving to be "next to impossible" for Netflix to acquire blockbuster films and show for the Indian market. In fact, Netflix's current library has just one major recent hint along with classics from Bollywood.

Business Standard further suggested that Netflix is gathering viewing habits of its Indian viewers and will make future decisions accordingly.

Shares of Netflix were trading lower by around 1.5 percent Friday morning at $88.39.

Posted-In: Business Standard Netflix India Netflix InternationalNews Rumors Global Tech

 

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