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It's for new users only

Netflix is offering a new, cheaper single stream plan for new users (sorry, existing customers).

According to Adweek, Netflix has introduced a single-screen standard-definition stream plan for $6.99 per month, which is a dollar less than the two-stream high-resolution plan for $7.99 (which is what most customers use). 

The single stream plan is reportedly only available to new customers. A Netflix customer service representative said this is because the company is only testing it on a certain group for now, and while it could eventually roll out to larger audiences, Netflix isn't making any promises for now. 


[SOURCE: wallstcheatsheet.com]

"We always are testing new things and this is a test for a $6.99 single stream plan," said a Netflix spokeswoman. "Not all people will see this option and it may not be something we ever offer generally."

Netflix has been trying to cut down the amount of password-sharing on its service by offering more attractive options. For those that need multiple screens, there's a third streaming option for four screens in high or standard definition for $11.99 per month. 

Netflix currently has 40 million subscribers. 

Source: Adweek





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