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The Importance of Global Films and Content
Streamers and studios have been building an global distribution network, but they don't have global content. People do not tend to watchso bdent of material. And that's reflected, i would say, in the value of that content when it's sold internationally. In its exceptionary law, typically under five % of what in normal value is eyeballs on content, essentially is where the value is. So maybe in the long run, you are making more money by building a larger catalogue of foreign films.