Netflix has lowered its price for its subscribers in more than 100 countries and territories around the world. The streaming service is available in 190 countries all over the world and the lucky 100 countries will get to enjoy its services at a lower price.
Netflix is a streaming service that offers a wide variety of movies, TV shows, documentaries, and more on internet-connected devices. Users can access the streaming platform content on a wide range of devices, including smartphones, tablets, smart TVs, gaming consoles, and streaming media players. The service offers multiple subscription plans, allowing users to choose the quality and number of screens they can watch simultaneously.
Now, they have announced they have reduced the price of their subscription by up to 50% in many territories and countries in the following regions:
- Asia
- Latin America
- Europe
- Middle East
- Africa
Netflix has no plans of lowering its prices in Western Europe and North America. In fact, they increased the prices for its subscription plans in Canada and the United States of America early this year. They have also implemented measures to control free password sharing.
As for the price reduction, the following countries and their patrons will have a price reduction in subscriptions.
- Afghanistan
- Albania
- Algeria
- Angola
- Bangladesh
- Belize
- Benin
- Bhutan
- Bolivia
- Bosnia and Herzegovina
- Botswana
- British Indian Ocean Territory
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Cape Verde
- Central African Republic
- Chad
- Christmas Island
- Comoros
- Congo – Brazzaville
- Congo – Kinshasa
- Côte d’Ivoire
- Croatia
- Cuba
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Ethiopia
- Fiji
- Gabon
- Gambia
- Ghana
- Grenada
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Indonesia
- Iraq
- Jamaica
- Jordan
- Kenya
- Kiribati
- Laos
- Lebanon
- Lesotho
- Liberia
- Libya
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Mali
- Mauritania
- Mauritius
- Mongolia
- Montenegro
- Morocco
- Mozambique
- Myanmar (Burma)
- Namibia
- Nepal
- Nicaragua
- Niger
- Palestinian Territories
- Panama
- Papua New Guinea
- Paraguay
- Philippines
- Pitcairn Islands
- Romania
- Rwanda
- Samoa
- São Tomé & Príncipe
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Slovenia
- Solomon Islands
- Somalia
- South Sudan
- Sri Lanka
- Barthélemy
- Helena
- Lucia
- Martin
- Vincent & Grenadines
- Sudan
- Suriname
- Swaziland
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tonga
- Tunisia
- Tuvalu
- Uganda
- Vanuatu
- Venezuela
- Vietnam
- Wallis & Futuna
- Yemen
- Zambia
- Zimbabwe
On February 5, Netflix introduced a new password-sharing policy in test markets such as Chile, Costa Rica, and Peru. The company subsequently extended this policy to Canada, New Zealand, Spain, and Portugal earlier this month.
In January, Netflix announced that its “paid sharing” subscription options would be available more widely in Q1 2023, as it had gained 7.66 million new subscribers in Q4 2022, reaching a total of 230.75 million global paid subscribers. Following the departure of co-founder and co-CEO Reed Hastings, Greg Peters was appointed as co-CEO.
Furthermore, Netflix’s new ad-supported subscription tier, “Basic with Ads,” was launched on November 3 in several countries including the United States, the United Kingdom, Canada, Japan, Korea, Mexico, Brazil, Spain, France, Germany, Italy, and Australia.