Frost & Sullivan Says Asia Content Is Key for Netflix

The video discusses Netflix's challenges in the APAC market, highlighting the dominance of local players and the need for localized content. It emphasizes the importance of Korean and Chinese dramas in the region and suggests that Netflix should focus on creating content that resonates with local audiences. The video also predicts potential market consolidation due to the competitive nature of the APAC streaming market.

What is the significance of localized content for Netflix in the APAC market?

What potential market trend is suggested regarding consolidation in the APAC streaming services?