SINGAPORE (Reuters) – Netflix Inc unveiled a plan on Thursday to make 17 new original productions in Asia including Thai and Chinese language shows, as the U.S. firm seeks to attract new international users through more local content.
Netflix Sees Terrible Stock Drop in Last 2 Years
Streaming service Netflix on Monday witnessed its terrible stock drop in last 2 years. The company’s shares dropped 6.5%, lost $12 billion from its market capitalization. Netflix Shares, which has a market value of $167 billion, are up more than