Netflix’s New Problem Could Prove Costly in This Major Market
It looks like Netflix's (NASDAQ: NFLX) problems in India are getting bigger by the day. Substantial price hikes by Indian telecom companies are already a problem for Netflix, and now, the company indicates that all's not well on the content front, either. The streaming giant has reportedly run into production issues that are affecting content quality and cost.
According to a report by Indian daily The Economic Times, the content Netflix produces in India is plagued with several pre-production issues. A lack of efficiency during the pre-production process is forcing Netflix to correct content in the post-production phase. Such a bottleneck is adding to the overall cost of producing content and hampering quality at the same time. This is something that Netflix needs to avoid in light of the latest challenges the company is facing.
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Source Fool.com
