Netflix (NFLX) May Introduce Lower-Priced Plan With Ads By End Of Year

By Amit Chowdhry • May 11, 2022
  • Netflix Inc (NASDAQ: NFLX) could be launching a lower-priced ad-supported subscription plan by the end of the year. These are the details.

Netflix Inc (NASDAQ: NFLX) could be launching a lower-priced ad-supported subscription plan by the end of the year, according to sources with The New York Times. This plan would arrive earlier than expected.

As the new plan is introduced, Netflix is reportedly going to limit password sharing. This was revealed in an internal memo.

Last month, Netflix had posted a loss in subscribers for the first time in over a decade. Plus Netflix also cited more losses ahead.

The content streaming wars has been intensifying as HBO Max and Disney+ have ramped up original programming since launching.

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