Netflix To Cut Down The Movies Available For Its Ad Tier
Sign up for free
Listen to this episode and many more. Enjoy the best podcasts on Spreaker!
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Executives at Netflix have announced that its imminent ad-supported plan will not allow users to access all the movies currently on its catalog. This comes after the streaming service company...
show moreThis comes after the streaming service company partnered with Microsoft to market an ad-supported tier in its subscription options.
Netflix’s co-CEO, Ted Sarandos, maintained that though the ad-supported tier will contain most of the movies on Netflix’s catalogue, some movies will remain exclusive to higher paying users of the platform.
Netflix initiated the ad-supported plan in response to declining subscriptions on its platform, which has reportedly lost about 970,000 subscribers in H1 of 2022 alone.
However, the idea of attracting new subscribers who will not have access to some of Netflix’s catalogs raises concerns about the decision hurting Netflix’s business.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company