It will be cheaper, but there’s a catch.
Without a doubt, Netflix has grown to be one of the most profitable streaming services in the world, gaining traction after it has launched internationally in 2016. If you’ve noticed over the years, Netflix has also started investing more on original content that featured A-list stars. To keep up with the high budgets of their films and TV series, it has also started increasing the subscription rates for its premium plans.
At the moment, I’m paying almost 60 AED for the top-tier Netflix plan that includes up to four simultaneous streams plus support for 4K Ultra HD streaming. But not everyone is on board with the current pricing, which is why some of them usually go for the cheaper option or simply canceling their plans altogether.
Since a bulk of Netflix viewers watch on their mobile phones, Netflix will soon introduce a cheaper mobile-only subscription for users who only watch on smartphones and tablets. But there’s a catch: the cheaper plan would only allow you to watch on a smartphone – no sort of mirroring support will be enabled.
Also, the $4 plan is only limited to a couple of users in selected countries, in this case, India. While there’s a good chance that it could introduce the same tier in some markets soon, it might be a while before that happens.
With the upcoming introduction of other services like Disney+, Netflix has to plan how to keep its subscribers from jumping ship.