So this company is owned by largest South African cable network and has extensive partnership with Comcast and HBO. Further adjusting purchasing power of local consumers and ton of local content they'd have acquired over decades I am not sure what is expected.
To me takeaway it is impressive that Netflix still has more that 30% of marketshare.
I see same thing in India where *analysts and experts on twitter opine how Netflix has totally failed in India due to lack of local content and poor execution. Instead of accepting that for >90% of population Netflix is just too expensive and there is no way to run profitable business, they dream Netflix can charge a dollar and show 10 new local blockbuster movies every month.
To me takeaway it is impressive that Netflix still has more that 30% of marketshare.
I see same thing in India where *analysts and experts on twitter opine how Netflix has totally failed in India due to lack of local content and poor execution. Instead of accepting that for >90% of population Netflix is just too expensive and there is no way to run profitable business, they dream Netflix can charge a dollar and show 10 new local blockbuster movies every month.