Reuters was ahead in reporting Netflix’s launch of a cheap mobile-only service for India to tap into a price-sensitive market at a time the streaming company is losing customers on its home turf. India is among the last big growth markets for the company, where it faces competition from Amazon.com Inc’s Prime Video and Hotstar, a video streaming platform owned by Walt Disney Co’s India unit.
Reuters ahead in reporting Netflix to roll out cheaper mobile-only plan for India
17 July 2019, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia