Netflix Price Changes
Netflix are reportedly testing a really low new price plan. Furthermore it’s cheaper than the current basic package! However, as always with news too good to be true, there’s a small catch.
The new price plan would only be available on a mobile device like a smartphone or tablet. The price? £2.99 per month which is a £5.99 per month saving on the current basic package. While it’s an £8.99 saving per month on the standard package.
So this new mobile price plan is rather appealing to commuters and those always on the go, who want to catch the latest The Witcher episode or Ozark or even a bit of Stranger Things.
As Netflix trialed the mobile price plan in Malaysia, India and Indonesia at the end of 2019, it may soon make its mark in other territories.
In an ever changing world where many young people have a smartphone but not a TV, the option to have a cheap unlimited video streaming service may be an attractive one.
So, if Netflix’s continued trials are a success, they may look to launch it elsewhere!
‘In Q4, we launched a mobile-only plan in Malaysia and Indonesia (which we introduced to India in Q3 last year),’ the streaming giant said in a letter sent to shareholders.
‘We’ve seen similar results with this plan driving incremental subscriber growth and improving retention.
We expect the mobile-only plan to be revenue-positive which will allow us to further invest in content to be enjoyed by our members and continue to feed the virtuous cycle. We plan to continue to test adding this plan, as well as additional ideas in other countries around the world.’
For £2.99 you’re only getting standard definition however. Though is high def, that much of a difference on such a small screen. For basically £3 a month, you can’t complain!
(Metro)
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