iWorld
Report on Shemaroo

Netflix hikes subscription prices in the US

The move comes amid global surge in streaming

https://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2020/11/02/netflix.jpg?itok=vnM3ZKBL

KOLKATA: Netflix has hiked the prices of its subscription plans in its home market, the US. This marks the video-streaming service’s first price changes in the US since an increase rolled out early last year.

In the latest round of price hike, which has been anticipated for a while, the company has raised the standard plan by $1 to $13.99 per month. The premium plan that allows more people to watch the service on different screens simultaneously will now cost $2 more at $17.99 per month. The basic US plan remains the same at $9 per month.

"We understand people have more entertainment choices than ever and we’re committed to delivering an even better experience for our members,” Netflix said in a statement. “We’re updating our prices so that we can continue to offer more variety of TV shows and films.”

The price bump will be immediately effective for new subscribers, but will be rolled out for existing customers in phases over the next few months. The move comes amid global surge in streaming during Covid2019-fueled lockdowns in several countries.

Netflix has added 2.2 million net subscribers in the third quarter of 2020. For Q4, it has forecast 6.0 million paid net adds.

Latest Reads

https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/11/img_11042021_122626_800_x_800_pixel.jpg?itok=gGV614k9
Crime thrillers can take Indian entertainment global: writer-creator Piyush Jha

 MUMBAI: Post the Covid2019 outbreak, the Indian entertainment industry witnessed revolutionary changes as OTT platforms gained massive popularity among audiences. OTT originals which were primarily confined to western countries landed on Indian shores, and this inevitable change motivated many...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/11/img_11042021_115126_800_x_800_pixel.jpg?itok=pRlsst6s
Transition from print to digital is inevitable in comic industry: CBAM summit

NEW DELHI: The comic book industry is a well-recognised part of Indian popular culture, having produced many familiar cultural icons like Suppandi, Chacha Chaudhary, Tenali Raman, Detective Moochhwala, Shikkari Shambhu, Mayavi, and Akbar-Birbal. The industry was at its peak during the late 1980s...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/10/img_10042021_175746_800_x_800_pixel.jpg?itok=DMNm3d4D
Telugu OTT Aha fosters female entrepreneurs with ‘Women In Focus’ initiative

KOLKATA: Taking a leaf out of their upcoming women-centric original web series 11th Hour, Telugu OTT platform Aha has partnered with We Hub – India’s first state-led incubator for women entrepreneurs backed by the government in Telangana – to kickstart aha X We Hub: Women In Focus initiative that...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/10/img_10042021_162008_800_x_800_pixel.jpg?itok=L8aar2d7
The 74th BAFTA Awards to stream exclusively on SonyLIV

Lights! Camera! and a lot of Action is about to unfold as we gear up to watch one of the biggest award nights of the year. Celebrating excellence in filmmaking across the globe and bringing an enriching experience for movie lovers, SonyLIV will exclusively stream the British Academy of Film and...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/10/img_10042021_110014_800_x_800_pixel.jpg?itok=jySySqnj
Shreyas Talpade's new OTT platform Nine Rãsã is here

KOLKATA: Another OTT platform enters the booming ecosystem with actor-producer Shreyas Talpade’s video streaming service Nine Rãsã. The new streamer stands out on the back of its content dedicated to different performing arts and theatre. Nine Rãsã offers content in multiple variations including...

iWorld Over The Top Services
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/09/img_09042021_175059_800_x_800_pixel.jpg?itok=qkr08pfZ
Airtel Payments Bank launches new digital savings account

KOLKATA: Airtel Payments Bank today announced the launch of its new savings account – Rewards123 to give more value to customers when they transact digitally using the bank account. The Rewards123 account is designed to offer consistent value, with assured rewards on different types of digital...

iWorld Telecom
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/09/img_09042021_164316_800_x_800_pixel.jpg?itok=TWf9iQQq
Twitter to spotlight the best cricket campaigns with League of Brands

KOLKATA: With the commencement of the Indian Premier League (IPL 2021), microblogging site Twitter is kick-starting League of Brands on 9 April. It will highlight outstanding cricket campaigns by brands on the service throughout the upcoming season. Powered by Twitter data, League of Brands will...

iWorld Social Media
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/09/jio.jpg?itok=xDeAUiwe
Jio rolls out bundled offerings ahead of IPL 2021

KOLKATA: As Indian Premier League(IPL) 2021 is around the corner, telecom giant Jio has unveiled new offerings. Four of its prepaid plans include Disney+ Hotstar VIP subscription for a year which will allow users to watch live IPL matches. The prepaid plans are priced at Rs 401, Rs 598, Rs 777, Rs...

iWorld Telecom
https://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2021/04/08/img_08042021_180922_800_x_800_pixel.jpg?itok=Xg2Zy2zu
Zee5 Global unveils fresh content line-up for April

KOLKATA: As we wind up the first quarter of the year, Zee5 Global has unveiled a fresh new line-up of content. Viewers can choose from a variety of Zee5 Originals, television shows, and non-fiction shows to enjoy their summer at home.

iWorld Over The Top Services

Sign up for our Newsletter

subscribe for latest stories

* indicates required