Thursday, May 19, 2022

Netflix Reveals Plans For Lower Cost Ad-Supported Plan

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written by

Aaron Fernandes
Aaron Fernandeshttps://iconichipster.com
“When reading a book, be very certain that you never go past a word you do not fully understand. The only reason a person gives up a study or becomes confused or unable to learn is because he or she has gone past a word that was not understood.” L. Ron Hubbard

Streaming giant Netflix have just revealed plans for a new lower-cost ad-supported plan!

While announcing the streaming giant’s first quarter earnings, co-CEO Reed Hastings revealed that they would soon be incorporating ads into the platform over the next year or two saying: “but think of us as quite open to us offering even lower prices with advertising as a consumer choice.”

Hastings continued: “Those that have followed Netflix know that I’ve been against the complexity of advertising and a big fan of the simplicity of subscription. But as much as I’m a fan of that, I’m a bigger fan of consumer choice. And allowing consumers who would like to have a lower price and are advertising-tolerant, get what they want, makes a lot of sense.” Currently the pricing on Netflix has the lowest priced plan selling for $9.99, with the Premium version costing $19.99 per month.

Written by...

Aaron Fernandes
Aaron Fernandeshttps://iconichipster.com
“When reading a book, be very certain that you never go past a word you do not fully understand. The only reason a person gives up a study or becomes confused or unable to learn is because he or she has gone past a word that was not understood.” L. Ron Hubbard

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