iWorld
Netflix slashes prices for subscription plans; basic plan now costs Rs 199
Mumbai: Global streaming giant Netflix has reduced the prices of its subscription plans. The biggest hike has come for its Rs 499 basic plan that will not cost subscribers only Rs 199, a decrease of 60 per cent. The basic plan allows users to stream SD quality video across mobile, tablet, laptop and TV devices.
The streaming company has reduced its popular mobile plan from Rs 199 to Rs 149 per month. Its standard plan has come down from Rs 649 to Rs 499 per month and its premium plan has come down from Rs 799 to Rs 649 per month.
The new prices come into effect from 14 December onwards.
“Starting today, everyone in India can get all of Netflix at new, lower prices,” said Netflix India vice president for content Monika Shergill. “So, whether you’re watching with your family or just on your own, in the mood for a superhero tale (Minnal Murali), genre-bending series (Yeh Kaali Kaali Ankhein), dramedy (Decoupled), family drama (Finding Anamika), thriller (Looop Lapeta) or comedy special (Kapil Sharma), along with films and series from across the world, there’s something for everyone.”
The OTT platform has also launched a campaign announcing the new prices which features Alia Bhatt. The film is live on its social media handles.
iWorld
Snap hits $1B revenue as subscriptions cross 25 million
Snap’s paid products boom with Snapchat plus, Lens plus and creator subscriptions
CALIFORNIA: Snapchat’s subscription push is paying off handsomely, with the platform’s direct revenue business now cruising past a $1 billion annualised run rate. At the heart of this milestone is a loyal global subscription community that has just topped 25 million Snapchatters.
Since its launch in late 2022, Snapchat plus has grown rapidly to become one of the fastest-growing consumer subscriptions worldwide. What began as an early-access perk for the platform’s most engaged users has scaled into a robust revenue engine alongside Snap’s ad business.
Snapchat plus thrives because it taps into something deeply human. With more than 946 million monthly active users, Snapchat is fast approaching the one-billion mark. Its subscription service offers personal touches that matter in everyday chats. From pinning a best friend to customising chat wallpapers or adding a Bitmoji Pet, these simple features bring warmth, context and joy to conversations.
But Snap isn’t stopping there. The company has expanded its direct revenue offerings with paid versions of Lens plus, Snapchat Platinum, and Memories Storage Plans. Lens plus gives subscribers advanced AI and AR creative tools, including exclusive generative AI Lenses and unlimited use of the Imagine Lens for instant image creation. Snapchat Platinum delivers an ad-light experience focused on friends and creators, while Memories Storage Plans give heavy users the option to upgrade storage and keep thousands of their most cherished Snaps safe.
Snapchat is also opening doors for creators. Its new creator subscriptions let fans pay directly for exclusive content, priority engagement, and ad-free Stories, giving influencers fresh ways to connect with their audience.
Snap credits its 25 million subscribers for helping shape the future of the platform. Their creativity, feedback, and enthusiasm not only inspire new features but also fuel Snap’s growing direct revenue business.
With these moves, Snap is proving that personalisation, self-expression, and friendship aren’t just buzzwords, they’re the secret sauce behind its subscription success.
