Netflix Subscription Plans: All You Need To Know
Streaming services is gradually overshadowing the contemporary TVs. With many streaming services around, you can watch your favorite movies, TV shows live or even at your own convenience on any device. Though, Netflix dominates the niche, it is no longer finding it easier as other companies are on its neck.
There are various factors affecting the firms in this niche – subscription plans, content, availability, account management features, etc.
Netflix Subscription Plans
We are going to to be talking about the subscription plans for Nigeria and the United States.
Nigeria Netflix Plans:
Currently, there are four Netflix subscription plans in Nigeria:
- Mobile – ₦1,200/month
- Basic – ₦2,900/month
- Standard – ₦3,600/month
- Premium – ₦4,400/month
More than one device can stream the Netflix content in Nigeria for now. This might change anytime soon.
US Netflix Plans:
At present, there are three Netflix subscription plans in the US:
- Basic – $9.99/mo
- Standard – $15.49/mo
- Premium – $19.99/mo
As you understand, every subscription plan has a concrete set of offers. For instance, starting from the Mobile (Nigeria) plan, Basic (both countries) plan do not allow users to watch videos on HD.
Commenting yet again about the US plan, only one device can stream the Netflix content for a moment. The rest two support HD viewing and the main difference is the number of simultaneous streams – 2 and 4, respectively.
Number Of Profiles Allowed By Netflix
In order to allow your family member to watch Netflix via your account, you have to create a Netflix profile for them. However, the maximum profile number is five. For each of them, you can set language preferences as well as the maturity level, the activity log, and subtitle settings. You should also know that each account can be created using a separate email address.
Note: Up to five profiles doesn’t mean they all can stream Netflix content simultaneously. As said above, the number of accounts that can stream Netflix videos at a time depends on the subscription plan.
By the way, when using Mobile Plan for the US, Netflix allows you to stream one mobile at a time.
Once you see a message on the screen “Too many people are using your account right now”, you have reached the maximum limit of your account.
For instance, by the end of the year, Netflix will launch a new subscription plan. The latter will be an ad-supported low-cost plan. But if a cheaper plan is logical and expected, the industry was surprised to hear about ads on Netflix. We mean this streaming service has constantly been proving it will never display ads.
Apart from this, Netflix is faulting the “large number of households sharing accounts” and also the “competition”. According to its estimations, its 222 million paying users are sharing accounts with an additional 100 million householders. It’s hard for Netflix to restrict users from doing this. So it has decided to find ways of monetizing account sharing.
Soon, Netflix will implement “more effective monetization of multi-household sharing”. At the moment, the company has piloted the feature in select countries such as Peru, Costa Rica, and Chile. Subscribers have to pay an extra fee to share their accounts with two people outside of their household.
Though Netflix has not announced the price for this feature, in Chile, it’s around $2,99.