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2021-12-14

Disney hotstar is too entrenched in India.

Netflix slashes India prices in battle with Disney, Amazon

Netflix slashed on Tuesday the prices of its streaming services in India, for the first time since l

Netflix slashes India prices in battle with Disney, Amazon

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Netflix and Amazon do not reveal their figures by country, however.</p>\n<p>In 2018, Netflix said India could deliver its next 100 million subscribers.</p>\n<p>At the time, Chief Executive Reed Hastings had told Reuters in an interview that the company had no plans to lower its prices in India, adding, \"We don’t have a pricing issue.\"</p>\n<p>Netflix has previously said 2021 will be its biggest year in India, with the release of more than 40 new titles, among them films featuring top Bollywood actors, stand-up comedy shows and original series.</p>\n<p>($1=75.8600 Indian rupees)</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix slashes India prices in battle with Disney, Amazon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix slashes India prices in battle with Disney, Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 19:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19345615><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix slashed on Tuesday the prices of its streaming services in India, for the first time since launching five years ago in the South Asian nation, as it moves to better compete with fierce rivals ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19345615\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4550":"红杉资本持仓","BK4527":"明星科技股","BK4538":"云计算","BK4108":"电影和娱乐","BK4559":"巴菲特持仓","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4566":"资本集团","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4534":"瑞士信贷持仓","QNETCN":"纳斯达克中美互联网老虎指数","AMZN":"亚马逊","BK4532":"文艺复兴科技持仓","NFLX":"奈飞","BK4122":"互联网与直销零售","BK4561":"索罗斯持仓","BK4554":"元宇宙及AR概念"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19345615","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191114939","content_text":"Netflix slashed on Tuesday the prices of its streaming services in India, for the first time since launching five years ago in the South Asian nation, as it moves to better compete with fierce rivals Disney and Amazon.\nThe streaming giant cut prices by 60%, to 199 rupees ($2.62) a month, for its basic plan that lets users watch content on a single device, it said in a blogpost.\nThe price of its mobile-only plan will drop a quarter to 149 rupees, with overall prices of various plans falling 18% to 60%.\nThe new prices were the \"real 'Money Heist'\", Netflix said in its announcement, using the name of one of its popular television shows, but without giving any rationale for them.\nFor years, Netflix priced its products far above competitors in India such as Disney and Amazon, citing the much higher income of households that spoke English and watched entertainment in the language.\nThe Netflix move reflects its effort to target expansion beyond the biggest cities, said an entertainment industry analyst who sought anonymity.\n\"To capture this market, it needs to bring down\" costs, added the analyst, based in the financial capital of Mumbai, as the firm competes with big rivals.\nAmazon Prime Video charges 179 rupees ($2.36) a month but, unlike Netflix, it allows users to simultaneously watch content on multiple devices from the same account, and offers a cheaper annual payment plan.\nDisney + Hotstar offers an annual premium plan with access to all its content in 4K at 1,499 Indian rupees ($19.76).\nDisney + Hotstar made up a little less than 40% of the total subscriber base of 116 million of Disney+, the company said in an earnings call this year. Netflix and Amazon do not reveal their figures by country, however.\nIn 2018, Netflix said India could deliver its next 100 million subscribers.\nAt the time, Chief Executive Reed Hastings had told Reuters in an interview that the company had no plans to lower its prices in India, adding, \"We don’t have a pricing issue.\"\nNetflix has previously said 2021 will be its biggest year in India, with the release of more than 40 new titles, among them films featuring top Bollywood actors, stand-up comedy shows and original series.\n($1=75.8600 Indian rupees)","news_type":1},"isVote":1,"tweetType":1,"viewCount":817,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["DIS"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":36,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}