Netflix, Losing US Subscribers, Places A Big Bet On India

As the streaming giant reported the loss of 126,000 American customers, it “also announced a cheaper, mobile-only subscription plan in India. At 199 rupees ($2.80; £2.20) a month, it’s priced to make inroads into a country, which chief executive Reed Hastings has half-seriously suggested could be the source of Netflix’s ‘next 100 million’ subscribers.” – BBC