In Asia, Netflix trips on content and competition
After its January launch into 130 markets worldwide, It is struggling to provide enough content amid tough local competition. It also faces many regulatory issues
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MONTHS after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported last week.
From complaints that programming libraries offered in many countries are far smaller than in the United States to delays in offering its signature House of Cards series in some markets due to rights issues, the US video streaming giant's January launch into 130 new markets worldwide, including a slew in Asia, has been bumpy.
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