Netflix is soon going to remove its basic plan, which costs Rs 199 in India. Actually, with the help of this decision the company wants to increase its revenue. Netflix is a video streaming platform, which is popular all over the world. However, the company is facing problems regarding revenue for the last 2-3 years.
Netflix is soon going to remove its basic plan, which costs Rs 199 in India. Actually, with the help of this decision the company wants to increase its revenue. Netflix is a video streaming platform, which is popular all over the world. The company is facing problems regarding revenue for the last 2-3 years.
Netflix will remove its basic plan from Canada and Britain. Actually, the streaming platform presented its latest earnings report, which is for the fourth quarter of 2024. On the basis of this report the company is going to take this big decision.
So many people run cheap plans
In the reports of the fourth quarter of the year 2023, it has been said that 40 percent of the total signup accounts of Netflix are basic accounts, which are ad supported. To increase the revenue, the company is going to remove these basic plans and these plans will be completely removed from some countries by the second quarter of 2024.
The price of basic plan was increased in many countries
Netflix had increased the price of the basic plan in some countries in October last year. Earlier the price of basic plan was 10 US dollars and 7 euros. After this, in October the price of this plan was increased to 12 US dollars and 8 Euros. Apart from this, in July last year, the basic plan was removed for many new subscribers.
Will the basic plan be removed from India also?
No official information has been given yet about whether Netflix will remove the basic plan from India or not. The basic plan is visible in India, the price of which is Rs 199. HD video quality is available in this plan. It provides support for one device. It has been said in many media reports that the process of removing the basic plan from Canada and Britain will start.
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