Netflix is reportedly considering a cheaper price tier in some markets

Netflix is reportedly planning to experiment with lower prices in some markets, according to CEO Reed Hastings in an interview with Bloomberg last week. For now, details on the actual plan to test cheaper Netflix subscriptions are extremely thin. Hastings wouldn't commit to whether Netflix would actually lower prices in current markets or just offer a cheaper option in places where Netflix doesn't currently operate. He also wouldn't say when or where the rumored plans would be offered. reportedl...