Netflix reported a disappointing set of Q2 results overnight (judging from the shares down ~10%) with limited readacross to Zoo Digital, in our view. Netflix’s lacklustre performance is not a major surprise to us, given its recent aggressive US price hike and mounting competitive pressure from Disney, Amazon and others, as their respective OTT services launch. We highlight that Disney is positioned to become the most active in the localisation space on a short term horizon. We reiterate ....