Netflix lowers price in more than 30 countries, not in Spain
Netflix will reduce the cost of subscription plans in many regions.
Netflix changed its policy by setting a primary location that prevents users from sharing passwords with others away from home. Since then, many subscribers have been dissatisfied with the service, in fact the platform continues to receive a lot of criticism on its social networks and many have unsubscribed from the service. As a result, Netflix is reducing the price of its subscription plans in over 30 countries around the world.
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They reported from The Wall Street Journal that Netflix announced a price drop in more than 30 countries. The discount will be valid at: Yemen, Jordan, Libya, Iran, Kenya, Croatia, Slovenia, Bulgaria, Nicaragua, Ecuador, Malaysia, Indonesia, Thailand and the Philippines. The news comes after Netflix lowered prices in many Latin American countries. Currently, there are no price reductions on subscriptions in Spain, despite the general inconvenience.
Netflix continues to search for the perfect formula to retain subscribers
Fall in prices in some countries up to 50% discount. A representative of the streaming platform commented that Netflix is ”updating” the prices of its plans in some regions, but did not specify exactly where and for what reasons.
Prices in other markets will remain the same. United States, United Kingdom, Canada, France, Spain, Germany, Mexico and Brazil.
Netflix has raised the prices of its 2022 plans, apparently the company is looking for the perfect recipe to keep its subscribers. The company blamed subscribers for sharing their passwords with friends and family. Lost over 200,000 subscribers in the first quarter of 2022.
More than 100 million users who played their TV shows and movies were not paying for subscriptions, as reported by the company.
Finally, Netflix decided to change its policy and make a very aggressive strategic move by prohibiting the reproduction of content away from the home location and preventing users from sharing the password. This system was implemented in Turkey. Chile, Costa Rica, Peru, Canada, New Zealand, Portugal and Spain.
Also, the streaming company has launched a cheaper plan with ads to attract more subscribers to its service. Many movements in a very limited time space. Perhaps the company should focus its efforts on improving its content. instead of twitching its users.
Source: i Padizate
