25.1 C
Delhi

Netflix has Reduced the Price in more than 30 Countries to Provide User-Friendly Services

Netflix has become a topic of concern for users due to the increasing price of the OTT platform. In North America, the price has raised just a year ago, and Netflix becomes very cheap within 30 minutes. It seems like a contradiction for the first time the company has appeared to be experimenting along with the right balance of global revenue as the taste of the subscriber has been changed in post lockdowns. 

The company has just reduced their prices by as much as half in parts of the Middle East (Yemen, Jordan, Libya, and Iran, Sub-Saharan Africa (Kemya), Europe ( Croatia, Slovenia, and Bulgaria), Latin America (Nicaragua, Ecuador, and Venezuela), and Asia (Malaysia, Indonesia, Thailand,  and the Philippines).  This is another fact that the periodic price has been increased with a regular occurrence for Netflix, but it exposed a cheaper ad-supported plan in 12 countries last October. 

Netflix

The price of subscription has been cut come with other several streaming services with Disney+, Hulu, and Sling TV. The streaming service has risen recently. John Hodulik, the media and entertainment analyst said, “ It definitely goes against the recent trends not just  for Netflix, but for  the broader streaming Industry,” 

In this January earning call, the co-CEO Greg Peters said that the company desires to get areas where it can increase prices and help to fund new content investments. Recently, Peters said, “ We think of ourselves as a non-substitutable good,” the regional price has been increased that allows Netflix to add subscribers to global markets where this has been shared might be higher. The fact that rival services include Disney+, HBO Max, and Paramount+. 

- Advertisement -TechnoSports-Ad
net2 Netflix has Reduced the Price in more than 30 Countries to Provide User-Friendly Services

Netflix has still been moving on a new monthly growth for the people who have shared their login credentials just outside their homes. After the trial of the program in Latin America, the company just rolled out be paid account for sharing in Canada, New Zealand, and Spain. For this, the latest costs fee is $8 in Canada, and in New Zealand, 4 euros in Portugal, and 6 euros in Spain. We are expecting it will soon launch in the US next year. 

Read More:  SK Sir Ki Class: Abhilash Thapiyal’s new Drama Series Depicts the Struggle of UPSC Aspirants

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TechnoSports-Ad

Popular

TechnoSports-Ad

Related Stories

More from author

Bridgerton Season 3 Release Date: All the Exciting Latest Updates on Plot, Cast, and Expectation

Bridgerton Season 3 Release Date We are once again going to enter into the Queen Charlotte era. Bridgerton is now ready with season 3 and also...

Madame Web Release Date: Dakota Johson is Ready to Become A Part of her mind-Boggling Psychic Powers

Madame Web Release Date After Iron Man MCU is now chasing another big sequel such as Spider-Verse growing continuously. It seems like the studio has...

Phir Hera Pheri 3 Release Date, Cast, and Budget: All the latest updates

Phir Hera Pheri 3 Release Date, Cast, Plot, and More Details: Everything You Need to Know Akshay Kumar, Suniel Shetty, and Paresh Rawal have collaborated...

Bigg Boss OTT 3: Jasmeen Kaur of “Just looking like a wow” Fame to be on Salman Khan’s show?

Bigg Boss OTT 3 All of the fans are now excitedly awaiting the premiere of the upcoming season. Bigg Boss OTT 3 will air prior...