Netflix has reduced the price of its subscription plans by up to 50% in more than 100 countries. Mostly in low income areas where the company has few customers.
Netflix is the most popular OTT platform. Here are the latest and all kinds of web series. Netflix is going to make many changes this year. Very soon Netflix is going to pay for password sharing. Now Netflix has reduced the price of its subscription plans by up to 50% in more than 100 countries. Mostly in low income areas where the company has few customers.
Netflix said in a statement on Thursday, ‘We are always looking for ways to improve the experience of our members. We can confirm that we are updating the pricing of our plans in some countries.
Price reduced in these countries
The company has reduced the price of plans in many countries including Egypt, Yemen, Jordan, Libya, Iran, Kenya, Croatia, Slovenia, Bulgaria, Nicaragua, Ecuador, Venezuela, Malaysia, Indonesia, Vietnam, Thailand and Philippines. A few months ago, Netflix has reduced the price of plans in India, that is because there was no growth here.
Netflix has also introduced a cheaper ad-supported plan in 12 countries. Netflix has taken this step when other OTT platforms have increased their prices.
