Skip to main content

Netflix to launch Rs299 plan in India

Netflix to launch Rs 299 plan in India. Netflix will charge Rs 299 a month for a “Mobile+ plan”. According to an Economic Times report, Netflix in India has brought this new entry-level plan on a pilot basis.  Netflix has named this plan ‘Mobile +’. Currently, this plan is in the testing period. In this period, Netflix will charge Rs 299 per month for this plan. Netflix is ​​trying to increase its user base with this cheap plan.

New Netflix Mobile+ plan, allows users to stream content on just one device at a time. However the Mobile+ plan allows users to stream on a computer/laptop as well in phone and tablets.

Spokesperson of Netflix told to BGR India “We launched the mobile plan in India to make it easier for Netflix. We want to see if members like the added choice Mobile+ brings. We will only roll it out long-term if they do get positive response.Netflix had fewer than half a million subscribers. Today, it has 203.66 million paying members. And the company’s market cap is well over $200 billion

Netflix scores with Stream Fest in India as global subscriber base crosses 200 million. Netflix has one of biggest libraries of TV shows and movies.

NETFLIX CUREENT PLANS.

OTT (Over-the-top) media service in India

India has always been a key market for OTT platform. Thanks to Covid19 lockdown the world stumbled upon the reality of entertainment in the digital space.

NETFLIX has ruled has the streaming service industry despite new companies, like Disney + Hotstar and Amazone  prime.

Currently Top10 BEST OTT apps/ platforms in India

  1. Disney+ HOTSTAR  is arguably the most popular OTT platform in India.
  2. Netflix.
  3. Amazon prime video
  4. Zee5.
  5. Sony Liv.
  6. VOOT.

OTT platforms/streaming services have seen outrageous growth in India over the past few years. They are close to overtaking cable and satellite pay-TV. According to reports, the video streaming service market size could balloon up to Rs 4,000 Crore by the end of 2025. 

Netflix has reported a significant growth in India revenue from INR 58.04 Cr in FY2018, to INR 470 Cr in FY2019, and then INR 900 Cr in FY2020. India falls in the Asia Pacific region for the US-based company, which was the second-largest contributor to the yearly tally with 93 lakhs. new subscribers in 2020.reported a revenue of Rs 923.7 crore and a net profit of Rs 8.9 crore. Netflix India FY20 revenue

Labels:

Popular posts from this blog

Signal Introduces Usernames for Encrypted Messaging: A Secure Way to Connect

Signal, the encrypted messaging service, is launching a new feature in the coming weeks: support for usernames. This beta feature allows users to establish unique usernames, enabling connections without divulging phone numbers. source: Signal Blog To create a username, navigate to your settings and select "Profile." Once you've chosen a unique username, generate a QR code or link to share with others. Recipients can connect by entering your username into the chat bar. Usernames can be changed at any time, though previous usernames may be claimed by others. Signal began testing usernames last fall. Unlike social media platforms, Signal usernames do not serve as logins or public handles. They offer a discreet means of communication without revealing personal phone numbers. While a phone number is required to register for Signal, sharing it is optional. Usernames remain private and do not appear on profiles or in chats unless shared explicitly. As Randall Sarafa, Signal'
Read more

AT&T Resets Millions of Customer Passcodes After Data Leak: What You Need to Know

AT&T recently confirmed a significant data breach affecting over 7.6 million current customers and 65 million former customers. The leaked information, which dates back to 2019 or earlier, includes personal details like names, addresses, phone numbers, and social security numbers. Fortunately, financial information and call history were not compromised. In response to the breach, AT&T has reset passcodes for affected customers. Passcodes, usually four-digit numbers, serve as an additional layer of security when accessing accounts. However, security experts warn that the encrypted passcodes leaked alongside customer information could be easily deciphered, posing a risk of unauthorized account access. Affected customers are advised to set up free fraud alerts with major credit bureaus and remain vigilant for any suspicious activity related to their accounts. AT&T is proactively reaching out to impacted customers via email or letter to inform them about the breach and the meas
Read more

Safeguarding Internet Privacy: Supreme Court of Canada Upholds Protection of IP Addresses

In a recent ruling, the Supreme Court of Canada affirmed the significance of privacy rights concerning internet addresses. The court declared that police cannot simply obtain a suspect’s IP address without a court order, emphasizing the expectation of privacy that Canadian residents hold for such information. The court's decision stemmed from a case in 2017 involving Calgary police investigating fraudulent online activities at a liquor store. Initially, police demanded IP addresses from a credit card processor, which eventually led to obtaining subscriber information from Telus. This information was pivotal in making arrests and securing convictions in multiple offenses. Despite previous convictions, the accused contested the legality of obtaining IP addresses without proper authorization. The Supreme Court, in a 5-4 decision, asserted that IP addresses carry a reasonable expectation of privacy, necessitating judicial approval before access. The ruling emphasizes that obtaining jud
Read more