Netflix announces huge package price cut, much to everyone’s surprise

Netflix is an American streaming network with over 214 million customers globally and works in 190 countries. The streaming platform, which entered the Indian market in 2016, is now seeking to expand its potential audience in the face of fierce pressure, and Alia Bhatt joins Netflix to break the revelation.

The OTT platform is likely to gin up more people and increase coverage in the country as the nation’s thirst for digital content grows. So, Netflix is reducing the rates.

This news made my day! 

According to the recent Money Control report

Netflix dramatically reduces the basic entry-level plan, which allows subscribers to watch its films and shows in standard definition (SD) on a single mobile, tablet, computer, or television screen at a time. Previously priced at Rs 499 per month, the package is set at Rs 199 per month.

The Standard tier provides users with high-definition (HD) content and can use two screens simultaneously. The package was formerly priced at Rs 649 per month, but it is now priced at Rs 499. The premium plan of the platform, which delivers ultra-high-definition (Ultra HD) material on four concurrent screens, is now accessible for Rs 649 per month. Previously, the package was accessible for Rs 799 per month. Check out the video below to see Alia Bhatt reveal the proposal:

Not to mention that Netflix’s mobile-only package debuted in 2019. The plan was formerly priced at Rs 199, but following a price reduction, it is currently priced at Rs 149. The revised rate will be effective beginning with the user’s next payment period. Furthermore, Netflix India’s VP Content Monika Shergill told the magazine that existing users would be able to use a new auto-upgrade function beginning December 14.

The motive behind Netflix move

Users will receive an alert seeking their approval to auto-upgrade their plan if they are okay with the current costs. The move has allowed the video streaming service to flourish in the business. And to compete with platforms such as Disney+ Hotstar, Amazon Prime Video, Zee Entertainment’s ZEE5, SonyLIV, and others.