Streaming giant Netflix cuts prices in India

Netflix announced that it will cut prices across all its plans. Its prices now start from Rs 149, instead of Rs 199. This price cut comes amid stiff competition from other streaming platforms that offer their plans for a significantly lower amount than Netflix. The 25 per cent price cut across its four plans in India is the second time the streaming giant has slashed prices in the country. Netflix launched its cheapest plan for India at Rs 199 per month in July 2019, which industry experts said led to attracting subscribers on the streaming platform.

The standard plan that can be watched across all the four kinds of devices but has better video quality and 1080p resolution is now available for Rs 499 instead of the earlier Rs 649 per month. The top tier plan or the premium which is also available across the four kinds of devices but has the best video quality with 4K + HDR video quality is now available for Rs 649 per month instead of Rs 799.