Netflix to slash subscription charges by up to 50% 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.

“We’re always exploring ways to improve our members’ experience,” Netflix said Thursday in a statement. “We can confirm that we are updating the pricing of our plans in certain countries.”

The price cuts will impact more than 10 million subscribers in markets including Vietnam, Indonesia, Thailand and the Philippines, the independent research firm Ampere Analysis said separately. They are taking place across Asia, the Americas and the Middle East.