Netflix Cuts

In Select Markets

Netflix has decreased

specific countries to sustain its subscriber growth.

Following the news,

by nearly 5%.

The streaming industry

competition as the pandemic boom fades.

According to the Wall Street

in select countries across Asia, Latin America, sub-Saharan Africa, and the Middle East.

The subscription cost

specific tiers of Netflix in those markets, and in some cases, the cost was reduced by 50%.

Netflix is expanding its

markets as the U.S. and Canada markets reach saturation.

The company recently unveiled plans to tackle password sharing on its platform.

In Q4 2022, Netflix added

bouncing back from the subscriber losses.

However, in the last three

revenue per membership dropped across regions.

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