Netflix decreased its subscription costs in more than 100 territories over the past week or so as customers continue to contemplate which streaming services to keep amid price hikes. The price drop has occurred in Egypt, Yemen, Jordan, Libya, Iran, Kenya, Croatia, Slovenia, Bulgaria, Nicaragua, Ecuador, Venezuela, Malaysia, Indonesia, Vietnam, Thailand and the Philippines, among others.
The amount that Netflix is lowering its prices varies from country to country, but discounts for the basic tier range between 20% and 60%, according to Ampere Analysis. The research and analytics firm estimated that the price drop affects more than 4% of Netflix’s subscriber base, which is over 10 million people.
Netflix’s Twitter account in Malaysia announced the good news to local customers, tweeting, “Start...