cheaper subscription with advertising is coming
Netflix has announced that it will come with a cheaper subscription. In exchange for a lower monthly amount, advertisements will be shown. This new subscription has been talked about for some time in the corridors, but now Netflix itself is responding to the messages.
Netflix with advertising
Do you lose quite a bit of money every month on all streaming services and subscriptions? Then there is good news to report. Netflix has confirmed; a cheaper plan will become available so that you can save on your monthly expenses. There have been reports for a long time about a cheaper Netflix subscription, in which the user will see advertisements. Ted Sarandos, the co-CEO of the streaming service, confirmed this during the Cannes Lions Advertising Festival. He says the following about this to The Hollywood Reporter;
“We’ve left a big customer segment off the table, which is people who say: ‘Hey, Netflix is too expensive for me and I don’t mind advertising,’” Sarandos said Thursday, speaking on the Cannes Lions stage with Sway podcast host Kara Swisher. “We are adding an ad tier; we’re not adding ads to Netflix as you know it today. We’re adding an ad tier for folks who say, ‘Hey, I want a lower price and I’ll watch ads.’”
It is not officially known when Netflix will release the new subscription form; although according to earlier rumors this should happen at the end of this year. The features of the subscription are not yet known, as is the price. At the moment, the cheapest subscription of Netflix is 7.99 euros per month, where you get the image quality in 480p.
