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Tonight we get numbers from Netflix which is always exciting. This article from Yahoo finance delves into a Credit Suisse report which has some interesting estimates for the quarter.
Take a look at the image below.
The report suggests that Netflix app downloads in India grew by 434% for the quarter and this should spearhead a large beat in subscriber growth outside the US. I know Netflix has been pushing a lot of fresh content towards the Indian market.
This is the beauty of the Netflix model. They can make great content in Hollywood and feed it to a potential 1.3bn people in India without actually having a large physical presence there. Compare that to the mammoth task Amazon have with its online retail outlay in that country. No wonder Amazon has also branched into streaming and web services.