Netflix to introduce ad-supported plan

Netflix to introduce ad-supported plan

2 years ago
Anonymous $xqL1ZTchGQ

https://techcrunch.com/2022/04/19/netflix-to-introduce-ad-supporter-plan/

Netflix plans to offer a cheaper, ad-supported tier to consumers within a year or two, the world’s largest on-demand video streaming service said Tuesday, as it pushes to tap a wider set of potential customers amid stiffer competition from rival firms.

The firm, which reported a loss of 200,000 subscribers in the first quarter, will introduce the ad-supported plan to give customers more choice, company’s co-chief executive Reed Hastings said on the earnings call.

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