Netflix slashes subscription prices in Jamaica, several other nations

[Duane 3NE 2NR]

Jamaica appears to be among at least 30 countries to benefit from Netflix Inc’s decision to reduce the prices of its subscription plans, as the streaming giant looks to retain subscriber growth amid stiff competition from rivals.

With the pandemic-fueled boom cooling and consumers turning more cautious about spending, competition in the streaming businesses has heightened, pushing the companies to rethink their strategies.

According to the Wall Street Journal, which reported the Netflix news first earlier today (February 23), the price cuts span across some Middle Eastern countries, sub-Saharan African markets and parts of Latin America and Asia.

https://our.today/netflix-slashes-subsc ... r-nations/

Not sure this applies to T&T

[st7]

it doesnt.

our pricings are still the same as of this moment

[Duane 3NE 2NR]

it doesnt.

our pricings are still the same as of this moment

Same for Jamaica and someone I know emailed Netflix but Netflix informed them that it will be reduced in their next billing cycle

[st7]

it doesnt.

our pricings are still the same as of this moment

Same for Jamaica and someone I know emailed Netflix but Netflix informed them that it will be reduced in their next billing cycle

hmm... i checked the prices too as if i was signing up -- same rates.

i guess we'll see in the next month. it would be nice if the prices reduced especially when they're cancelling good shows, and removing arrested DeVeLOPMeNT

[maj. tom]

They seem to be cutting their losses in the traditional markets like USA, Canada and UK which has had a massive subscriber drop, especially since that anti-sharing password business a few weeks ago. Better to consolidate other markets and gain the lion's share while they can... possibly even reach deals with the local cable subscription providers before other executive studio rights grab that market.

But Netflix knows that they're on the decline. It's just a numbers game of new subscribers vs the unsubs to present at the shareholders meeting. Eventually too, those new markets will reach the same conclusion that Netflix sucks and not worth it since 3/4 of everything is removed or discontinued.

[Dizzy28]

Jamaicas prices were different from ours before the slash.

[Duane 3NE 2NR]

They seem to be cutting their losses in the traditional markets like USA, Canada and UK which has had a massive subscriber drop, especially since that anti-sharing password business a few weeks ago. Better to consolidate other markets and gain the lion's share while they can... possibly even reach deals with the local cable subscription providers before other executive studio rights grab that market.

But Netflix knows that they're on the decline. It's just a numbers game of new subscribers vs the unsubs to present at the shareholders meeting. Eventually too, those new markets will reach the same conclusion that Netflix sucks and not worth it since 3/4 of everything is removed or discontinued.

Netflix has a lot of good original content though.
The trend is that the studios are moving away from Netflix as an aggregator and doing their own streaming service which is part of the reason for the removals from Netflix

[paid_influencer]

yea i would like to see netflix for the originals. squid games i would like to see what all the fuss was about. and "dont look up" probably some other stuff but i aint paying that muchw ehn i already have habo max

[st7]

Jamaicas prices were different from ours before the slash. IMG_20230225_003458.jpgIMG_20230225_003508.jpg

8us for premium? wowww

[2ndchance]

How does Netflix decide on the rates in the different countries?
According to https://help.netflix.com/en/node/24926/ there are 6 different rates for most of the Caribbean:

Cuba, Dominica, Grenada, Guyana, Haiti, Jamaica, St. Lucia, St. Vincent
St. Barts, St. Martin
- Basic: $3.99/month
- Standard: $5.99/month
- Premium: $7.99/month

Dominican Republic
- Basic: $4.99/month
- Standard: $7.99/month
- Premium: $10.99/month

Antigua & Barbuda, Bahamas, St. Kitts & Nevis, Trinidad & Tobago
Anguilla, Bermuda, BVI, Cayman Islands, Montserrat, TCI
Aruba, Curacao, St. Maarten
- Basic: $8.99/month
- Standard: $12.99/month
- Premium: $15.99/month

Guadeloupe, Martinique
- Basic: 8.99€/month
- Standard: 12.49€/month
- Premium: 15.99€/month

Barbados
- Basic: $10.59/month
- Standard: $15.29/month
- Premium: $18.79/month

USVI, Puerto Rico
- Basic: $9.99/month
- Standard: $15.49/month
- Premium: $19.99/month

[st7]

was charged the 13us today

[Duane 3NE 2NR]

How does Netflix decide on the rates in the different countries?
According to https://help.netflix.com/en/node/24926/ there are 6 different rates for most of the Caribbean:

Cuba, Dominica, Grenada, Guyana, Haiti, Jamaica, St. Lucia, St. Vincent
St. Barts, St. Martin
- Basic: $3.99/month
- Standard: $5.99/month
- Premium: $7.99/month

Dominican Republic
- Basic: $4.99/month
- Standard: $7.99/month
- Premium: $10.99/month

Antigua & Barbuda, Bahamas, St. Kitts & Nevis, Trinidad & Tobago
Anguilla, Bermuda, BVI, Cayman Islands, Montserrat, TCI
Aruba, Curacao, St. Maarten
- Basic: $8.99/month
- Standard: $12.99/month
- Premium: $15.99/month

Guadeloupe, Martinique
- Basic: 8.99€/month
- Standard: 12.49€/month
- Premium: 15.99€/month

Barbados
- Basic: $10.59/month
- Standard: $15.29/month
- Premium: $18.79/month

USVI, Puerto Rico
- Basic: $9.99/month
- Standard: $15.49/month
- Premium: $19.99/month

Thanks for this

[redmanjp]

d hell - our basic rate higher than some ppl premium rate?

[j.o.e]

d hell - our basic rate higher than some ppl premium rate?

We’re rich b!+ch !!! ** in Rick James voice**

[paid_influencer]

d hell - our basic rate higher than some ppl premium rate?

looks like they grouped countries based on GDP and currency

but like nobody tell them we ketching tail and guyana is the new economic powerhouse

[adnj]

d hell - our basic rate higher than some ppl premium rate?

looks like they grouped countries based on GDP and currency

but like nobody tell them we ketching tail and guyana is the new economic powerhouse

I read that the prices are reflective of market penetration.

[2ndchance]

https://edition.cnn.com/2023/06/09/busi ... index.html

Netflix password crackdown boosts new subscribers to highest level since Covid began

[ruffneck_12]

I wonder if their crime rates will ease up as a result


Movies/TV shows and other mindless drivel can pacify a population effectively, just need to distribute Soy products now to quell the high testosterone levels in the poor areas

EZ PZ crime strategeezy