Netflix cuts prices in some countries

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Netflix cuts prices in some countries

The company did not name the UK and the US as countries where it had cut its prices.

We're always looking for ways to improve our members' experience. A Netflix spokeswoman said that we are updating the pricing of our plans in certain countries.

The firm launched a less expensive streaming option with adverts last year as it tried to grow its share of the increasingly competitive streaming market.

As we try to serve more members around the world, we want to deliver appropriate value at those different price points, as well as to make that spectrum wider, he said.

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