Sunday, August 14, 2022
Connexionblog
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
Connexionblog
No Result
View All Result
Home Business

Netflix is ​​going to launch cheap subscription plans soon, you also know what is the news …

Connexionblog by Connexionblog
July 7, 2022
in Business
0
Netflix is ​​going to launch cheap subscription plans soon, you also know what is the news ...
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

New Delhi. To attract more subscribers, Netflix may soon introduce cheaper plans. Netflix had reported that it has lost nearly 2 lakh followers in the last one year. The streaming giant has also laid off over 300 employees due to slow revenue growth. The reason most paid customers have unsubscribed from the app is because of cost. Consumers are willing to tolerate ads, but want subscription plans to cost less. There are other factors like password-sharing that have added to the company’s woes. However, Netflix certainly knows how to turn the tables as the company is now planning to offer affordable ad-supported plans.

Netflix CEO Ted Sarandos confirmed during an event that Netflix will roll out ad-supported plans sooner than expected. Sarandos shared the company’s plan to introduce an ad-supported level in an interview at the Cannes Lions advertising event, The Hollywood Reporter confirmed. A report in The New York Times had earlier confirmed that the company plans to launch the device by the end of this year.

Also read this news: The bridegroom reached the in-laws’ house from the palanquin with the bridesmaids riding in the bullock cart, crowds of people gathered to see

“We’ve left a huge subscriber segment off the table, people who say: ‘Hey, Netflix is ​​too expensive for me and I don’t mind advertising,'” Sarandos said Thursday during the Cannes Lions Stage with Self podcast . Host Kara Swisher. “We are adding an advertising tier; We are not adding ads to Netflix as you know it today. We’re adding an ad tier for people who say, ‘Hey, I want a lower price and I’ll watch the ad.'” Interestingly, the company’s CEO Reed Hastings has revealed that the ad-supported tiers are a Will be added in a year or two, but the company is trying to flesh out the plans as soon as possible.

Hastings said during an interview that although he prefers ad-free plans, he doesn’t want to be oblivious to consumer demands. According to him, subscribers want cheap plans even though the plans are full of advertisements. He revealed that the company’s decision to introduce ad-supported affordable plans was driven by the success seen by Netflix’s rivals such as HULU, Disney, HBO and others.

Also read this news: Unique tradition: not only the living but the dead are also married here

“I think it’s pretty clear that it’s working for Hulu, Disney is doing it, HBO has done it. I don’t think we have much doubt that it works, that all those companies have done it. I’m sure we, Hastings said, I’ll just come in and figure it out as opposed to testing it and probably do it or not.

Interestingly, many rivals of Netflix in India offer cheaper ad-supported plans. Streaming companies like Disney+ Hotstar, Zee5, Voot and MX Player offer ad-supported subscription plans to consumers.

Download app : Download Connexionblog Today App to read latest news of your city

Tags: Cannes Lions Advertising CeremonyNetflixNetflix CEO Ted SarandosNetflix Cheap Subscription Plans
Previous Post

Labour, planning delays and provide chains slowing builds, warns Persimmon boss

Next Post

Boris Johnson resignation: Who are the runners and riders to exchange the PM?

Connexionblog

Connexionblog

Related Posts

LIC: Will get Rs 22000 every month, understand planning
Business

LIC: Will get Rs 22000 every month, understand planning

by Connexionblog
August 14, 2022
Rakesh Jhunjhunwala: Weather, Death and Market, they cannot be predicted
Business

5 investment tricks by Rakesh Jhunjhunwala that can make you rich

by Connexionblog
August 14, 2022
Strong 5 shares: Up to 58 percent return given in 4 days, know the name
Business

Strong 5 shares: Up to 58 percent return given in 4 days, know the name

by Connexionblog
August 14, 2022
Strange: Popcorn worth Rs 10 gets 10 times in multiplexes, know why
Business

Strange: Popcorn worth Rs 10 gets 10 times in multiplexes, know why

by Connexionblog
August 14, 2022
My Jio App: How to recharge friends and relatives, see step-by-step process
Business

My Jio App: How to recharge friends and relatives, see step-by-step process

by Connexionblog
August 14, 2022
Next Post
Boris Johnson resignation: Who are the runners and riders to exchange the PM?

Boris Johnson resignation: Who are the runners and riders to exchange the PM?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Automobile
  • Business
  • Entertainment
  • National
  • Technology

Browse by Tags

#topnews auto news BJP bollywood bollywood news in hindi Business car bike news celebs Chhattisgarh News Congress Cooking hacks Cooking Tips Cricket Easy Food Recipes entertainment entertainment news in hindi from the world Healthy Food hindi news Instant Food recipes ipl 2022 Kitchen Tips Madhya Pradesh News MP News Narendra Modi News 24 News24 no News24hindi not news PM Modi Rahul Gandhi Recipe Of The Day Religion rise the world Snack Recipes social media sports tech technology Television Trending trending video Uttar Pradesh Video Viral Video

Categories

  • Automobile
  • Business
  • Entertainment
  • National
  • Technology

Browse by Tag

#topnews auto news BJP bollywood bollywood news in hindi Business car bike news celebs Chhattisgarh News Congress Cooking hacks Cooking Tips Cricket Easy Food Recipes entertainment entertainment news in hindi from the world Healthy Food hindi news Instant Food recipes ipl 2022 Kitchen Tips Madhya Pradesh News MP News Narendra Modi News 24 News24 no News24hindi not news PM Modi Rahul Gandhi Recipe Of The Day Religion rise the world Snack Recipes social media sports tech technology Television Trending trending video Uttar Pradesh Video Viral Video

Recent Posts

  • Bihar: Former MP Anand Mohan freed undeclared, photo going viral in open
  • Particle Physicists Puzzle Over a New Duality
  • Lauki Kheer Recipe: Make Tasty and Delicious Gourd Kheer in the Desert on Any Special Occasion, Know the Recipe
  • About Us

© Connexionblog 2022. All Rights Reserved.

No Result
View All Result
  • Home
  • World
  • Lifestyle
  • Business
  • Entertainment
  • Sports

© Connexionblog 2022. All Rights Reserved.