EntertainmentStreamingNetflix just slashed its subscription prices for pretty much everyone apart from youNetflix just got cheaper in more than 30 different countriesWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
EntertainmentStreamingNetflix just slashed its subscription prices for pretty much everyone apart from youNetflix just got cheaper in more than 30 different countriesWhen you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
Netflix just got cheaper in more than 30 different countries
When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.
(Image credit: Chesnot / Getty Images)
(Image credit: Chesnot / Getty Images)
Netflixmay be one of thebest streaming services, but it’s also one of the most expensive – so lots of people will be happy that it’s just slashed its subscription prices in over 30 countries. Unfortunately you probably don’t live in one of them.
As the Wall Street Journalreports, in some cases the cuts are halving the cost of aNetflixsubscription. That’s great news if you’re living somewhere like Croatia or Thailand, but unfortunately the US, UK and Australia aren’t on the list.
Where is Netflix cutting the cost of its subscriptions?
There have also been reductions in Latin America and in Asia, including Nicaragua, Ecuador, Venezuela, Malaysia, Indonesia, Thailand and the Philippines.
It seems likely that the cuts are designed to drive growth in markets where Netflix isn’t already a behemoth and where its competitors are investing. In markets where Netflix is more dominant, such as the UK and US, Netflix is keen to raise prices rather than drop them – and if you have a family who don’t all live under the same roof, the imminent restrictions onNetflix account sharingwill drive the price up even further.
This isn’t the first time Netflix has cut its prices – the WSJ reports that it did the same in India in 2021 to boost market share – but if you’re in the US, UK or Australia I wouldn’t hold my breath waiting for price cuts there. For the foreseeable future, the standard and premium Netflix packages aren’t going to get any cheaper now there’s a more affordable ad-funded option.
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