Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.
And growth is entirely dependent on Netflix's prospects internationally, in countries such as India and Malaysia. If Netflix misses by that much — 42 percent — on international net additions, the stock is going to get hammered."Stranger Things" season three picks up in the summer of 1985. The Hawkins crew are on the cusp of adulthood and faced with enemies old and new.
But Netflix will clearly have to improve with country-specific hits as it focuses on local content. The U.S. narrative is fraught with challenges, including losing hit shows such as "The Office" and "Friends" in the coming years and fending off a slew of new streaming content from competitors such as
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