Netflix hiked US prices in the past year, but it's cutting them in more than 36 other countries
Price cuts have affected Middle Eastern countries like Yemen, Jordan, Libya and Iran; Latin American countries such as Nicaragua, Ecuador, and Venezuela; Asian countries like Malaysia, Indonesia, Thailand and the Philippines. African countries like Kenya, and Eastern European countries like Croatia, Slovenia, and Bulgaria have also been impacted, the Journal reported.
The steaming service's prices cuts will affect various tiers of Netflix plans and are specific to each country, per the report. Some countries will be see their subscription prices drop to half of the original price. The reduction in subscription prices is part of Netflix's plans to grow its customer base outside of the US, the Journal reported.
"There's a bunch of people around the world in countries where we're not deeply penetrated, and we have more opportunity to go attract them," Greg Peters, the co-CEO of Netflix, said about the company's pricing changes on a"We know members have never had more choices when it comes to entertainment," a Netflix spokesperson told the Journal."The company is committed to delivering an experience that exceeds their expectations.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
NFL insider: Daniel Jones’ $45 million asking price is ‘real’Daniel Jones’ apparent $45 million-per-year asking price doesn’t appear to be a fictitious number to those around the league.
Leer más »
Netflix stock price falls after launching price cuts in 100 countriesNetflix plunges after the streaming giant launches a wave of price cuts in 100 countries in the face of stiff competition
Leer más »
Over 100,000 workers walked out in 2022, more than in 2021Over 100,000 workers walked out in 2022, showing that Americans' demands for better conditions aren't going away
Leer más »
See the gift Apple staff get after 10 years, signed by Tim CookTake a look at the gift that Apple gives employees after 10 years — a slab of aluminum along with a signed note from Tim Cook
Leer más »
Portugal bans new Airbnbs, fears becoming 'some sort of Disneyland'Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Heinz looking for man who survived on ketchup while stranded at seaMan who lived on ketchup while stranded at sea for weeks has ducked out of sight - but Heinz wants to find him
Leer más »