A Netflix is an American entertainment company that was founded in 1997 and today is one of the largest video streaming providers in the world. The platform offers a wide variety of films, series, documentaries and television programs, both original and licensed from other studios. After the pandemic and evasion of people from their homes, the streaming giant may reduce the values of some plans to keep users.
Price reduction on Netflix plans
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Streaming is known for major exclusive productions that include series like Stranger Things, The Crown and Narcos, as well as acclaimed films like Roma and The Irishman.
Last Thursday, the 23rd, the company announced that it had reduced the prices of its plans in some countries to maintain subscriber growth amid strong competition.
After the platform's success in the pandemic and high competition, streaming rethought its strategies and decided that the reduction was a better option to make.
Which countries will have reduced plan values?
According to the Wall Street Journal, the price cuts cover some countries in the Middle East, markets in sub-Saharan Africa and parts of Latin America and Asia. However, Netflix has not yet commented on the subject of price decrease in Brazil.
Also according to that newspaper, price cuts in some cases halve the cost of a subscription.
"We can confirm that we are updating the prices of our plans in certain countries," a company spokesman in the United States said without elaborating.
Netflix is available in over 190 countries worldwide and has over 200 million subscribers. The company has been credited with transforming the entertainment industry by allowing people to watch TV shows and movies on demand and without the need for a cable TV package traditional.
The company continues to innovate and expand, offering a wide variety of content to meet the interests and needs of its global audience.
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