SIMRAN RAJPAL
Netflix will soon discontinue its basic service, which costs Rs 199 in India. Actually, with the help of this move, the corporation hopes to enhance its revenue.
Netflix is a popular global video streaming provider. However, the company has been experiencing revenue issues for the past 2-3 years.
Netflix will soon discontinue its basic service, which costs Rs 199 in India. Actually, with the help of this move, the corporation hopes to enhance its revenue.
Netflix is a popular global video streaming provider. For the past 2-3 years, the company has struggled with revenue.
Netflix will discontinue its basic plan in Canada and Britain. Actually, the streaming platform issued its most recent profits report, which covers the fourth quarter of 2024. The company will make this important decision based on the information in this report.
According to data from the fourth quarter of 2023, 40% of Netflix's total signup accounts are basic accounts with ad support.
To raise income, the firm intends to eliminate these basic plans, which will be totally abolished from several nations by the second quarter of 2024.