Netflix has reduced the prices of its subscription rates in more than 30 countries, including some in Latin America, due to the end of shared accounts
Netflix has reduced the prices of its subscription rates in more than 30 countries, including some in Latin America and others such as Croatia, Slovenia or Bulgaria, in an attempt to maintain its users given the increase in competition with other platforms and the decision-making as the end of shared accounts.
The American streaming services company intends to maintain its position as one of the giants in this sector in the face of competition with other platforms such as HBO Max, Amazon Prime Video, Disney+ or Apple TV, among others. In this sense, Netflix has been implementing some changes in recent months. One of them has been the launch of the ‘Basic with ads’ subscription plan, establishing itself as the most affordable option.
Similarly, another of the most popular news has been the end of the option to share accounts between different homes. To do this, the platform created functions intended for use in a single home, such as setting a main location related to the account and creating sub-accounts for users who do not live in addition to the subscription price.
Now, Netflix is making changes to the prices of the subscription plans. Specifically, as The Wall Street Journal has pointed out, it has lowered subscription prices in more than 30 countries. These countries span from the Middle East to Africa, Asia and Europe, in addition to some Latin American countries, where prices had already been reduced.
Specifically, as can be seen on the Netflix plans and prices page, the countries with reduced subscriptions are Croatia, Slovenia, Bulgaria, Yemen, Jordan, Libya, Iran, Kenya, Malaysia, Indonesia, Thailand and the Philippines.