Report: Netflix Cuts Subscription Costs in Over 30 Countries

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More than 30 nations now offer Netflix subscription plans at lower prices. In an effort to increase the number of subscribers, the streaming giant has reduced the price. In addition to Egypt, Yemen, Jordan, Libya, Iran, Kenya, Croatia, Slovenia, Bulgaria, Nicaragua, Ecuador, Venezuela, Malaysia, Indonesia, Vietnam, Thailand, and the Philippines, the prices of the subscription plans have decreased. Unfortunately, India is not yet on the list.

According to a report, the SVoD incumbent’s basic tier will suffer the greatest percentage drop across many territories. Discounts for the basic tier will range from 20% to nearly 60% in these regions, which include Central and South America (CSA), Sub-Saharan Africa (SSA), the Middle East and North Africa (MENA), Central and Eastern Europe (CEE), and Asia Pacific (APAC). The price drop will take effect immediately for both new and existing subscribers.

Netflix said that their Basic Plan now costs RM28 per month for both new and existing subscribers in Malaysia. Notably, the plan costs RM35 per month, or approximately 653 Indian rupees.


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