Netflix has gone and dark eroticismdone it: the streaming company is axing its cheapest ad-free subscription plan.
The tier, which costs $11.99 a month, will soon be unavailable to users in Canada and the UK within the second quarter of the year. Company executives informed shareholders of the decision in its earnings report dated January 23.
SEE ALSO: Netflix signs deal with WWE to exclusively stream live weekly 'Raw'Subscribers will be left with the platform's other ad-free plan, which is priced at $15.49/month. The company's Premium tier is priced at $22.99/month. Others can opt for an ad-supported subscription at $6.99/month.
Following Canada and the UK, the plan will likely be retired in other places: "We’re looking to retire our Basic plan in some of our ads countries, starting with Canada and the UK in Q2 and taking it from there," reads the report.
Netflix's plans to phase out its basic plan has been in the works for a while now. New viewers in Canada were unable to sign up for the Basic plan as of June 2023, with the same being applied to the US and UK by July.
The company's co-CEO Greg Peters told investors in a video interview that Netflix's ad-supported tier is at 23 million monthly active users. During the final quarter of 2023, Netflix also added 13.1 million subscribers, elevating their subscription numbers to 247 million globally.
Topics Netflix Streaming
Donald Trump accuses Hillary Clinton supporters of firebombing North Carolina GOP officeDonald Trump blasts 'hit job' on 'SNL' and Twitter happily respondsGerman officials ask Tesla to stop using 'Autopilot' in its marketing (updated)Are we sleeping less than we used to? Here are the factsDavid E. Kelley, Jonathan Shapiro return to courtroom with Amazon drama 'Goliath'Koala called Wolverine is obsessed with receiving tummy scratchesKoala called Wolverine is obsessed with receiving tummy scratchesJulian Assange's internet's down and everyone on Twitter has a theoryTaylor Swift's squad: The state of the unionHow Harry Potter conventions took over my lifeAre we sleeping less than we used to? Here are the factsGerman officials ask Tesla to stop using 'Autopilot' in its marketing (updated)A storm with the DNA of a super typhoon will slam Pacific Northwest this SaturdayBoy dangles from roof in 'Don't Shoot' shirt following Aleppo airstrikeBoy dangles from roof in 'Don't Shoot' shirt following Aleppo airstrikeRon Swanson is deeply offended that Donald Trump went into politicsWhat film stars really think about Hollywood's diversity issueRemembering Jia Jia, the world's oldest panda living in captivityAnother barbershop is giving haircut discounts to kids who readGary Johnson is sick and tired of Trump's attacks on Mowmen Trump's voter fraud hotline shut down due to all the prank calls 'Quordle' today: See each 'Quordle' answer and hints for June 14 'Black Mirror' Season 6 is Charlie Brooker versus Netflix What to Read on a Stormy Weekend by Sadie Stein The Worst Best Coloring Book Ever by Sadie Stein Nabokov Museum Vandalized, and Other News by Sadie Stein Brotherly Love by Sadie Stein Hear that Lonesome Gasket Blow: Part 2 by Evan James Wordle today: Here's the answer and hints for June 14 Chatterley Sex Advice, and Other News by Sadie Stein In $250 million lawsuit against Twitter, 17 music publishers allege copyright infringement Letter from Berlin: In the Cut by Zeke Turner Wordle today: Here's the answer and hints for June 15 'Black Mirror' Season 6 takes another cheeky shot at HBO in 'Joan Is Awful' 6 easy baking recipes that are super simple to make in stressful times Kid Gloves by Michael McGrath What are password managers, how to pick the best one 'Quordle' today: See each 'Quordle' answer and hints for June 15 Reporter drops an extremely relatable F What We’re Loving: Carson, Hatterr, Fidel by The Paris Review
2.4433s , 8262.8828125 kb
Copyright © 2025 Powered by 【dark eroticism】,Unobstructed Information Network