Netflix lowers price of plans by up to 50 percent in over 100 countries
Netflix Inc. lowered the price of subscriptions in over 100 countries, mostly lower-income regions where the company has fewer customers.
Oh ya 2 year ago
To put it another way it is saying that sales are collapsing and we are desperate to keep as many customers as possible. They did not lower the price out of the goodness of their hearts. Inflation is hurting everyone and many have to cut back on the extras