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Netflix CEO Reed Hastings says no plans for cheaper India offerings
Netflix chief executive Reed Hastings said that the streaming video company had no plans for cheaper prices in the hotly competitive India market and that an executive's comments suggesting otherwise had been misunderstood. In India, Hastings said, we see the typical mix across these three plans that we see in many other countries like the US, which would indicate that we don't have a pricing issue. When asked directly if that meant the company had no plans for lower prices in India, he said: Correct.
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