Netflix announces cheaper, ad-supported plans after losing 200,000 subscribers
Credit: Edgar Cervantes / Android Authority
Netflix will follow other subscription services in offering ad-supported plans that will cost less than its regular plans.
The ad-supported tier on Netflix should arrive in the next year or two.
The company lost 200,000 subscribers in the first quarter of this year.
After raising prices in the US and Canada back in January, Netflix is now mulling a price drop. CEO Reed Hastings revealed during the company’s quarterly earnings call that Netflix is planning to roll out cheaper ad-supported plans.
