Thursday, October 29, 2020
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Netflix raises Standard and Premium plan prices in the US, what does that mean for Indian subscribers
If you were moaning about having to shell out Rs 799 for a premium Netflix plan, there could be some bad news on the horizon for all you pocket pinchers. Netflix is now raising the prices of both the standard and premium plans in the US and since Netflix doesn’t really follow differential pricing for other markets, we’re assuming that prices in India could rise as well. Remember, this is all speculation at this point as Netflix has not made an official announcement regarding raising prices in other markets.
The Netflix Standard plan has been raised from $13 a month to $14 a month. The Premium plan is going from $16 a month up to $18 a month. The Basic plan stays the same at $9 a month. In India, the Standard plan costs Rs 649 a month while the Premium plan costs Rs 799 a month. With this increase in the US pricing of these plans, the assumption is that we could see a Rs 100 rise in the both Standard and Premium plans, which would put them at about Rs 749 for the standard plan and Rs 899 for the premium plan. Also, remember that Netflix is available in Hindi, in India.
New members signing up for the service in the US will be charged the updated prices from October 29 onward. In a report by CNBC, Netflix has said that it will alert existing users 30 days before the changes are made. The company has also stated, “Timing will be based on the specific member’s billing cycle and will be rolled out over the course of the next two months.”.
Again, remember that this has not been announced in India yet so do take our assumptions with a grain of salt. As of right now, this price rise applies only to users in the US. So, for guys who want to check out the new Assassin's Creed show on Netflix, you may have to shell out a bit more cash for it.
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