Netflix Offers Low-Priced Subscriptions for the Middle East
If you observe the Netflix journey, you will find that timely Netflix is making strong security policies on sharing screens and increasing its monthly subscription charges.
Also, it faces a loss in revenue growth from prior years, a struggle to attract more customers, increasing production costs, and massive competition from Amazon Prime and Disney Plus.
Presently, Netflix introduces a wide range of subscription packages based on different prices, features, and the number of streaming devices at the same time in particular countries of the Middle East.
It could be a planned move by Netflix to increase client retention by lowering the cost of its streaming services in nations like Iraq, Tunisia, Yemen, Jordan, Libya, Palestine, Lebanon, Algeria, Iran, and Sudan.
In the above-listed nations, the price drop of essential Netflix subscriptions becomes $3.00 from the previous price of $7.99. The premium plan was reduced from $11.99 to $9.99, while the standard package was lowered from $9.99 to $7.99.
However, for Gulf nations like Saudi Arabia and the United Arab Emirates (UAE), there is no price drop for Netflix subscription plans.
Nevertheless, according to Netflix’s website, the subscription packages and costs will vary as we introduce new TV series and movies and adds new product features to our streaming service.