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Netflix slashes rates in 116 countries following success in India

Shortpedia

Content Team
Image Credit: economic times

Entertainment OTT player Netflix has slashed subscription rates in 116 countries following the success of its business model in India, the company said. Netflix has seen a 30 per cent growth in customer engagement and 24 per cent revenue growth year-on-year in India after it launched a low-priced subscription plan in the country in 2021.