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Netflix Makes a Big Push Into India


Netflix (NASDAQ: NFLX) announced this week that it is launching a new mobile plan in India. The tier costs 199 rupees per month (about $2.89 at current exchange rates), and will offer all of Netflix's content "uninterrupted and without ads" and include standard definition streaming on one smartphone or tablet at a time. The company said this would be the fourth tier for Netflix in India, augmenting its three existing pricing plans.

The basic plan in India runs 499 rupees (about $7.23), the standard plan costs 649 rupees (about $9.41), and the premium plan goes for 799 rupees (about $11.58).

Image source: Getty Images.

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Quelle Fool.com

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