![]() “When you think about the pricing question… we want to make that spectrum even wider as we seek to serve more members around the world in trying to deliver appropriate value at those different price points,” Peters said. On an earnings call last month, new Netflix CEO Greg Peters teased a price drop, justifying the decision by claiming it would help incentivize new customers to sign up as members in markets where the company doesn’t have the same footprint as it does in places like the US. Variety also notes that in the Philippines, Basic went from ₱369 to ₱249 a month and Standard is now ₱459, down from ₱399 a month. Finally, the four-stream Premium tier will now set viewers back $7.99 a month instead of $13.99.For a two-stream Standard plan that was once $10.99, it is now $5.99 a month.In the South American state, a single-stream Basic plan is now $3.99 a month, half off from the original $7.99 price.In addition to North America, however, nations in western Europe also won’t benefit from this announcement.Īs to the scale of the changes, Variety used Venezuela for comparison’s sake: ![]() According to Variety, the streaming platform will decrease monthly subscription payments for over three dozen countries worldwide, with select deductions being as much as half of the current monthly costs. This week, Netflix is preparing to slash the prices of subscriptions for its overseas audience. ![]() Placing an emphasis on audience growth and retention, the streaming giant announced major changes - but users in North America aren’t getting a break. ![]()
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