Netflix’s ad-supported tier hits 70 million users By Reuters

(Reuters) -Netflix said on Tuesday its ad-supported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers seek more affordable options. The plan, priced at $6.99 per month in the U.S., now accounts for more than half of all new Netflix (NASDAQ:) sign-ups in regions where it is available. It reached 40 million global monthly active users in May. Netflix’s cheapest plan

Read More

Netflix ad-supported tier has 70 million monthly users

People wait in a line to enter “The Lab,” a “Stranger Things” Netflix series experience in Madrid on June 2, 2022. Beata Zawrzel/ | Nurphoto | Getty Images Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than 50% of its new sign-ups are for ad-supported plans in countries that offer the option. Netflix said it

Read More