Corporate Teenage Wasteland (with Aswath Damodaran)
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Netflix Is Trying So Hard to Grow in India
There's only so many hours each day that people can watch content. So if there are six times as many players all producing more content and the number of viewers is not changing, there's no potential market you can go after. It's not like you're expanding the market. The only promise we're basically going after the same viewer base. And that's why Netflix is trying so hard to grow in India because that is really the only market that Netflix has which has the kinds of numbers that can justify this kind of cost.
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