20-04-2016 11:10 via financialexpress.com

Netflix’s global push seen needing local touch

Netflix Inc is thinking global but needs to act more local to realize its full potential, analysts said after the company’s subscriber forecasts came up short of expectations.
The company’s high-flying stock, up by a third in the past 12 months, closed down nearly 13 percent at $94.34 on Tuesday. That was the stock’s biggest one-day drop since October 2014.
The video streaming pioneer launched its service in almost every country in the world in January, further boosting investo
Read more »