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Issue link: https://digital.macdirectory.com/i/1481697
players and growth is getting tougher … for everyone! Unlike a few industry bosses, Reed told his people what was going on, “Both Ted and I regret not seeing our slowing revenue growth earlier so we could have ensured a more gradual readjustment of the business.” For folks who can’t translate that, it means they’re firing in some areas, adding in others, tweaking the organization and other stuff. North America may be the biggest streaming market but it’s not the only place folks make/watch content. Netflix, the only true global streaming video service, produces content in 190 countries in Europe, MEA (Middle East/Africa), LATAM (Latin America), and APAC (Asia – Pacific) for local, regional and international audiences. Of course, they’re not alone in their ambition. Disney moved ahead of Netflix with 221.1M subscribers, Disney +--152.1M, Disney+ Hotstar--58.4M and ESPN+--22.8M. They also own 2/3 of Hulu (may buy the rest from Comcast) Disney plans to have branded SVOD service in 150 countries by the end of the year. An integral part of Netflix and Disney+ growth is that they don’t think of “international” as an export market. In addition to the fact that to stream content to a country’s citizens, Netflix (and all streaming services) had to produce 30-40 percent of their content library locally. Netflix quickly learned what Disney has known for years, “great stories can be made anywhere and loved everywhere.” The company has built out its creative development, personalization, and language