Tech
Why Netflix Is Struggling In India
Netflix has 137 million subscribers and a majority of them are international. But the streaming giant is still struggling to break into India, the world’s second-largest internet market. CNBC’s Alex Sherman explains why.
Netflix is currently valued much higher than other media companies. Despite a share pullback in recent months from more than $400 to about $285, Netflix has a trailing price-to-earnings ratio of more than 100 and an enterprise value-to-EBITDA ratio of about 70. For comparison, Disney has a P/E ratio of about 14 and an EV-to-EBITDA ratio of about 11. Viacom’s valuation ratios are both around 7.
This gaudy valuation is largely predicated on its international growth forecast. Breaking into India is critical for the company to double or triple its subscribers over the next 10 to 15 years, as many analysts have estimated. But Netflix hasn’t had an easy time spreading through India since it launched there in 2016. Faced with competition from local players and Amazon Prime Video, Netflix is facing an uncertain future in a country with more than 1.3 billion people.
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google+: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC
#CNBC
#Netflix
Why Netflix Is Struggling In India
source
Unstoppable demand for AI is leading to a capacity crunch on factory lines at the world’s leading chip manufacturer, Taiwan Semiconductor. And it could put a chokehold on AI’s ability to scale. Analysts tell CNBC that Nvidia, Apple, Broadcom, AMD and others are locked in an “extremely fierce” competition to get their GPUs, CPUs and custom AI chips made at TSMC. Capacity can’t come online fast enough, despite TSMC’s rush to build new fabs in Taiwan, Japan and Arizona, where has expanded investment to $265 billion. The strain has made one man at TSMC “the most popular person on the planet,” as chip start-ups and big name CEOs visit Taiwan to ask him for wafer allocation. It’s also created a rich opportunity for Intel, as customers look to the long-struggling foundry arm of the U.S. chip manufacturer for a second source.
Chapters:
0:00 Introduction
2:06 ‘Most popular person on the planet’
6:54 Making room for smaller players
9:10 Can new U.S. fabs ease the crunch?
Producer and Reporter: Katie Tarasov
Edited by: Matt Soto, Andrew Evers
Camera: Eddie Temborski, Robert Lampe, Evan Reinhardt
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Cerebras, D-Matrix, Getty Images, Intel, Nvidia, OpenAI, SpaceX, TSMC
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
Why There’s An ‘Extremely Fierce’ Battle For TSMC’s Limited Chip Manufacturing Capacity
source
Warner Music Group, the third-largest music label by market share, is tapping into the South Asian music movement with its latest venture.
CNBC’s Laya Neelakandan explains.
source
Micron’s hometown of Boise, Idaho has a growing crop of newly minted millionaires.
The AI-driven memory boom is showing up in the form of job growth, new construction projects, a bustling dining scene and an influx in new residents.
CNBC’s Katie Tarasov explains. Find the full report in related video.
source
Half of single Americans say they are going on fewer dates or choosing less expensive activities because of rising costs, according to BMO’s 2026 survey.
But, the cost of dating itself is only part of the story. For millions of users, finding a date means paying for the apps.
Watch the full story in related video.
source
Billions of dollars have been raised for this year’s midterms elections, with a significant portion coming from big name tech billionaires in the cryptocurrency, artificial intelligence and online gambling sectors. Megadonors’ contributions are overwhelmingly behind Republicans in the 2026 midterm election, with 14 of the 20 largest donor groups exclusively or nearly exclusively backing GOP candidates or outside groups. CNBC’s Luke Fountain reports.
Chapters:
00:00 – 00:56 Introduction
00:57 – 03:37 Chapter 1 – Republican-aligned donors
03:38 – 05:07 Chapter 2 – Democrat-aligned donors
Reporter: Luke Fountain
Produced and Edited by: Romy Tarantino
Animation: Jason Reginato, Emily Park
Additional Camera: Macklin Fishman, Andrew Evers
Supervising Producer: Shawn Baldwin
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
The Megadonors Funding The 2026 Midterms
source
-
Other3 years ago
Economic crisis Predictions|Bloomberg Surveillance 11/08/202…
-
Other3 years ago
Suppers Around The World – Tasty Recipes Please recognize th…
-
Food3 years ago
Kardea Brown’s Cheesy Hash Brown Casserole | Delicious Miss Brown | Food Network
-
Politics3 years ago
Russia hawks to Putin apologists: GOP stonewalls Ukraine aid, Tucker Carlson’s trip to Moscow
-
Other3 years ago
Giada De Laurentiis Makes Pan-Fried Zucchini w/ Anchovy Vina…
-
News3 years ago
White House warns of Russia invasion in Ukraine before end of Olympics
-
Other3 years ago
Just how beginner Vivek Ramaswamy is gaining some Trump foll…
-
Sports3 years ago
Top 10 Saves from Week 13 of the 2021-22 NHL Season
-
Other3 years ago
MaxMara Spring/Summer 2013 FULL SHOW|Milan Fashion Week MFW|…
-
Politics3 years ago
George Conway: ‘Lying, intimidating, bullying. That’s Trump at his worst, and that’s Trump always’
@nabeelahmed6358
January 12, 2024 at 9:54 am
not anymore lmao
@fuzzywuzzy0549
January 12, 2024 at 9:54 am
lol the comments.
@dsbhashen8202
January 12, 2024 at 9:54 am
I’m not usually not use Netflix, for me it is easy to use torrent sites😊
@ishuraj6048
January 12, 2024 at 9:54 am
Only reason Netflix is failing in India because of bad contents (Indian movies or series)
@hirenahir76200
January 12, 2024 at 9:54 am
Believe me I get all those web series for free here in India and I will not gonna tell how😆😎
@pengo369
January 12, 2024 at 9:54 am
When most can't afford $2/week for basic necessity like say health, education.. good luck charging close to $10.
@optimalpowersimracing6625
January 12, 2024 at 9:54 am
Love seeing all the Indians blaming Netflix for its struggled. When in Reality, what doesn't struggle in India? The entire nation is a struggle and so are its people… India is so far behind in times that if Indiana Jones trotted up in 2022, he wouldn't even be out of place. India is wand was such a mess the UK couldn't even be bothered to deal with them….
In short, Netflix struggled in India because india is struggling and is a garbage tier country, literally with garbage everywhere, a Country that cant even figure out sewage and irrigation, something the European man was getting a grasp on a 1000 years ago. Miles off from the Western world.
@abhiramabhi4447
January 12, 2024 at 9:54 am
1)Simple no south indian content
2)mves and series are available only in english and hindi but not in regional languages
3)regular hi'du bashing series
4)little bit pricey and no annual plans
@lannguyenthi8775
January 12, 2024 at 9:54 am
Hay quá
@chanoffl
January 12, 2024 at 9:54 am
Netflix makes mockery of Indian culture in its content, which Indians don't entertain. So, respect is what Netflix should learn.
@killmonger6512
January 12, 2024 at 9:54 am
It's becoz of the wholeness and regular hindu bashing habit of Netflix.
@SWARAJBHARATVARSH
January 12, 2024 at 9:54 am
Stop your fcuking wokism 🤬🤣
@ABhattacharya
January 12, 2024 at 9:54 am
Pricing. Content constriction. Woke content. These are reasons. Probably in this order.
@hariwoon8345
January 12, 2024 at 9:54 am
Bà hoàng là người thằn lằn
@66652
January 12, 2024 at 9:54 am
Telegram is a good👍 idea💡
@appletv3726
January 12, 2024 at 9:54 am
the main cause of netflix price is so high compare to other OTT in India.
@Hsana41
January 12, 2024 at 9:54 am
Because why do we need Netflix when everything is available in Telegram
@chrismathewjoseph1283
January 12, 2024 at 9:54 am
Why Netflix is struggling in India??
Ask Telegram
@durg3sh
January 12, 2024 at 9:54 am
1. All movies contain some sort of nudity. Most of indians watch family friendly shows(those shows have an audience too, but its too much now, every movie. like bro what?)
2. High pricing but with half shows
3. terrible subtitles
4. Biased against hindus(religious majority)
@iamward0g
January 12, 2024 at 9:54 am
Cause we got telegram !
@user-lb6fj8kr4h
January 12, 2024 at 9:54 am
Netflix Don't work in india if they don't understand interest and culture of indians.we have our many domestic OTT platform.
@priyankuhandique7058
January 12, 2024 at 9:54 am
wow people use sonyliv and voot🤨
@jasbirkaur4075
January 12, 2024 at 9:54 am
It does not have any thi
@pranjayarora8115
January 12, 2024 at 9:54 am
FOREIGNERS USE NETFLIX BOILER ROOM BIG SHORT /WOLF OF WALL STREET ENGLISH MOVIE 🍿🎥 INDIAN🇮🇳 MOVIES ARE ULTRA BORING 😑
@pranjayarora8115
January 12, 2024 at 9:54 am
XI JI OING ATHEIST😁 PRESIDENT PERMIT OWNERSHIP OF NETFLIX STOCK (GAMING COMPANY)BUT NETLIX CONSUMPTION PROHIBITED🚫🈲 IN CHINA🇨🇳 SAY THANKS❤🌹🙏 TO PRESIDENT XI JI PING EVERY ENTERTAINING SUBCONSCIOUS READER (2) PUBLIC USE ENTERTAINMENT😎🎭 FOR THEIR PROFIT ENTERTAINMENT😎🎭 UNABLE TO USE PUBLIC (3) CHINA🇨🇳 ATHEIST 😁WORLD NO. 1-EXPORTER EVEN IF INDIA🇮🇳 (NETFLIX )ENTERTAINING ALSO HAS 1 BILLION POPULATION -PROMOTE THIS CNBC LIKE ME
@ShivaniKumari-fi4kf
January 12, 2024 at 9:54 am
Make a new video. Now Netflix is huge hit here.
@kushagrakhanna878
January 12, 2024 at 9:54 am
Netflix is the worst
They produce worst indian content
And make fun of indian cultural and values.
@Krishna________
January 12, 2024 at 9:54 am
Well Sir, it's what you get with Kunal Kamra, Vir Das & Dhruv Tatti etc. Good luck.
@mayankkapri7305
January 12, 2024 at 9:54 am
I believe money is also a reason but you see Netflix make movies and series for US situation or show which is US community centered , everybody in US can understand English,in India we have total 121 language,they make hindi movies but ,less than 50% ppl in india speak hindi, they have to make more regional movies or series ,like just released minnal murli,or something like that,prime video and Disney+ hotstar is too famous cuz they make regional movies ,not only hindi,prime video have joji,kala,etc and hotstar also have tons of non hindi indian movies, Netflix have to focus there . Else our young generation are quite interested in English series so, whatever happens the Indian Netflix subscription gonna increase rapid in future surely.