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According to Business Insider. Despite having an lag free experience. Netflix is still losing because of viewing habits of Indians. As most Indians are still hooked to their daily soaps and movies. This is where local players gets an edge because of legacy content.
Netflix is losing to homegrown OTT players in India — as the country remains addicted to soaps and movies
Netflix is losing to homegrown OTT players in India — as the country remains addicted to soaps and movies