Netflix announces cheaper, ad-supported plans after losing 200,000 subscribers
Credit: Edgar Cervantes / Android Authority
- Netflix will follow other subscription services in offering ad-supported plans that will cost less than its regular plans.
- The ad-supported tier on Netflix should arrive in the next year or two.
- The company lost 200,000 subscribers in the first quarter of this year.
After raising prices in the US and Canada back in January, Netflix is now mulling a price drop. CEO Reed Hastings revealed during the company’s [ame="https://www.youtube.com/watch?v=O1abP3Eo_RA"]quarterly earnings call[/ame] that Netflix is planning to roll out cheaper ad-supported plans.
More...