Streaming service – Netflix cuts some prices – economy

In some states, Netflix is ​​reducing its subscription prices in certain countries in the face of fierce competition. However, the streaming service did not announce any details. According to a newspaper report Wall Street Journal The measure applies to some countries in the Middle East, Sub-Saharan Africa, Latin America and Asia. In some cases, the subscription price has been halved. Netflix stock plummeted on Wall Street. The company operates in more than 190 countries. After saturating markets in the US, for example, it is trying to grow in other parts of the world and is competing with Disney+, for example.

source site