Netflix discontinues its least expensive ad-free plan.

Netflix ends its cheapest ad-free subscription

0

For users in the United States and France, Netflix is breaking its most affordable ad-free package.

The streaming behemoth revealed the adjustment on Thursday as part of its second-quarter earnings release.

The $11.99 monthly basic package has already been phased out for customers in the UK and Canada. The basic plan was no longer available for new sign-ups by the corporation in July 2023, however, current members were still able to continue using it.

Subscribers to the Basic plan have the option to upgrade to the ad-supported Standard plan, which was introduced in November 2022, for $6.99 per month, or downgrade to the ad-free Standard plan, which costs $15.49 per month. A premium plan is also available for $22.99 a month.

The only plan tier that prohibited multiple users from streaming at once was the basic plan.

When questioned about the outcomes of Netflix’s phase-out of the basic plan in Canada and the UK, co-CEO Greg Peters stated that the Standard with Advertisements plan has been successful since its introduction.

In essence, by offering two streams instead of one, we’re giving them a better experience. We have more definitions. Downloads were received. Naturally, all of this came at a cheaper cost—$6.99 in the US. In our opinion, that offers a great deal of entertainment value. And it has advertisements,” stated Peters. “And of course, members can choose our ads-free standard or premium plans if they like not to have those advertisements.”

In its earnings release, Netflix stated that it has a record 277.65 million consumers worldwide across all of its tier options. The number of new subscribers to the firm has increased following a crackdown on password sharing.

Thank you for reading this post, don't forget to follow my whatsapp channel


Discover more from TechKelly

Subscribe to get the latest posts sent to your email.

Leave A Reply

Your email address will not be published.

Discover more from TechKelly

Subscribe now to keep reading and get access to the full archive.

Continue reading