Netflix plans:-New Delhi:-Video streaming platform Netflix has announced a drastic cut in the price of its subscription plans. India is very important for the company’s business and it wants to increase its user base here. This is the reason why the company has made a massive 60 percent cut in its flagship basic plan. The company’s basic plan is now priced at Rs 199 per month instead of Rs 499.
The price of the company’s popular mobile plan has now come down from Rs 199 to Rs 149. Similarly, the price of the basic plan has now gone up to Rs 199 per month instead of Rs 499. The company’s standard plan will now be available for Rs 499 instead of Rs 649. Similarly, the price of premium plan has also been reduced from Rs 799 to Rs 649. The new prices have come into effect from today i.e. 14th December.
Why did they decide
Netflix says that this decision has been taken in view of the increasing competition in India and the demand for digital content. The company is facing tough competition from Disney+ Hotstar, Amazon Prime and many other Indian subscription video on demand (SVOD) companies. In view of this, the company has decided to cut the price of all its plans. On the other hand, the increased prices of Amazon Prime have come into effect from today.
Plan cheaper than amazon prime
Netflix has named the new plans as ‘Happy New Prices’ and will be applicable from December 14. The price of the company’s popular mobile plan has now come down from Rs 199 to Rs 149. It is cheaper than Amazon price. Amazon Prime’s monthly plan has become Rs 179 from today. Earlier it was Rs 129 but the company has increased it by Rs 50. The annual subscription to Disney Plus Hotstar’s premium services is Rs 1499. The company’s Disney + Hotstar mobile subscription is priced at Rs 499.
Netflix started its services in India in the year 2016. The company’s entry level plan will now be available for Rs 149 instead of Rs 199. Netflix launched a monthly plan of Rs 199 in July 2019. In this, users can watch movies and web series in standard definition i.e. SD on the same mobile, tablet, computer or television screen at a time.
Similarly, the price of the mid-level plan of the company has come down from Rs 649 to Rs 499. In this, movies and web series can be seen in HD. The price of Netflix’s premium plan has now been reduced from Rs 799 to Rs 649. In this, users will be able to watch videos in Ultra High-Definition i.e. Ultra HD.
Amazon Prime recently increased the price of its plans, which have come into effect from today. The company has increased the price of all the plans by 20 to 50 percent. Now the company’s one month plan has been priced at Rs 179. Similarly, the three-month plan costs Rs 459 and the one-year membership plan costs Rs 1,499.