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Netflix’s new ad-supported plan rumored to cost $7 to $9

Netflix's new ad-supported plan

After Netflix lost hundreds of thousands of subscribers this year, the company has been desperately working on new ways to retain and gain subscribers. One of the moves is a new ad-supported plan announced in partnership with Microsoft. And while most of the details of this new plan remain unclear, it seems that the plan may be priced between $7 and $9.

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Netflix’s new ad-supported plan won’t have full catalog available

Netflix's new ad-supported plan

Netflix has been struggling recently as the company lost over 200,000 subscribers earlier this year, which resulted in the company’s stock going down. In an attempt to regain subscribers, Netflix has confirmed that it will launch a cheaper ad-supported plan. However, it seems that this plan won’t have the full catalog available to subscribers.

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Sun Valley 2022 will discuss inflation, future of streaming video; Tim Cook expected

Sun Valley | Just a few of the dozens of executive jets expected

Sun Valley 2022 – a conference which has been described as ‘summer camp for billionaires’ – includes Apple CEO Tim Cook among the invitees. Both Cook and Apple Services head Eddy Cue attended last year’s event.

With a heavy attendance from the media sector, one key focus is expected to be the future of streaming video, with some speculating that Netflix could be an acquisition target for at least one of the companies attending …

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Disney+ plans for growth through ad-based tier as Netflix boosts accessibility features

Between Disney+ and Netflix, many subscribers are getting more of what they want – a cheaper price with Disney and more features with Netflix. Back in March, Disney announced it will release a cheaper, ad-supported plan later this year on Disney+. With over 100 million subscribers worldwide, the company is anticipating the majority of its users will move to this plan.

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Netflix hopes to launch ad-supported tier and crack down on password sharing this year

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Following its rare drop in subscriber numbers last quarter, Netflix is accelerating its efforts to attract new users. According to a new report from The New York Times, Netflix is aiming to launch a more affordable ad-supported tier sometime during the fourth quarter of this year.

Around that same time, Netflix is also hoping to roll out its long-rumored crackdown on password sharing…

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Netflix blames 100M users without paid accounts for revenue and subscriber drop

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In a note to shareholders, Netflix reports that its revenue growth has “slowed considerably”. This news comes after losing 200,000 subscribers last quarter and potentially two million this current quarter. The streaming giant is navigating fierce competition with other services as well as having over 40% of its user base being unpaid subscribers. 

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