Patrick Frater Asia Bureau ChiefNetflix divided analysts with its most recent earnings report. Its prospects in Asia-Pacific look stronger in the second half of the year, according to research firm Media Partners Asia.
But threats to its model abound.In its latest note on the streamer, MPA noted that after a buoyant 2020 a growth deceleration was inevitable.
Still, Asia-Pacific subscriptions accounted for two thirds of Netflix global net additions in the April-June quarter and 2.4 million in the first half of 2021.The researcher estimates that Netflix will end 2021 with 32.4 million subscriptions in APAC, implying 4.5 million net new subscriptions in the second half of 2021.
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