11/28/2023 0 Comments Netflix subscription priceAt the end of 2022, Netflix reported having 230.75 million global paid subscribers that included the new ad-supported option. Much like Netflix has raised prices in places subscribers can absorb the price hike, this downward pricing turn is a reflection of the economic realities in poorer areas, a person with knowledge of the decision told IndieWire.Įxpect more “Basic with Ads” regions to roll out, and one day, Netflix may add a FAST (free, ad-supported streaming television) service - an option completely reliant upon advertising, and not monthly subscriptions, for revenue. Without access (yet) to an ad-supported Netflix model, subscribers in the less-affluent regions could use a break. Those countries are not the ones getting this discount - generally, they don’t need it. Those potential users are much more likely to use ad-supported streaming services, but Netflix’s “Basic with Ads” plan is currently only available in 12 countries: Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, the United Kingdom, and the United States. and Canada, with the greatest growth potential remaining in many of the world’s poorer regions. “We can confirm that we are updating the pricing of our plans in certain countries.”īut why is Netflix suddenly being so generous? The service has basically maxed out its reach here in the U.S. “We’re always exploring ways to improve our members’ experience,” a Netflix spokesperson told IndieWire on Thursday. ‘Vinland Saga’ Turned Gory Viking Battles Into a Pacifist’s Story in Season 2
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