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Domestic pressure prompts Netflix to spill regional beans

At last Netflix has revealed the regional details analysts have long had to make intelligent guesses over, but the move has been forced on the once rather secretive streamer by pressure from the great new insurgents. These are Disney+, Apple TV+ and AT&T’s HBO Now with Comcast’s Peacock to follow, whose combined market force Netflix will feel first in its saturated domestic US market. Netflix was less keen to draw attention to two other factors concerning its overseas markets that Wall Street investors might see as more negative. One is that Netflix is facing a concerted effort in some markets, especially European countries, from indigenous broadcasters to provide local competition, although that will be causing CEO Reed Hastings much less loss…

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