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Netflix wants to retire basic ad-free plan in some countries, shareholder letter says (www.cbsnews.com)

submitted 9 months ago by [email protected] to c/[email protected]

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cross-posted from: https://slrpnk.net/post/6100310

Netflix wants to retire basic ad-free plan in some countries, shareholder letter says

Netflix will implement the change in Canada and the U.K. in the second quarter of the year before "taking it from there," the letter said.

The company did not specify when (or whether) the change would impact U.S. subscribers.

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[–] [email protected] -3 points 9 months ago

This is actually surprising to me. Wouldn't it be easier to pay the actors and writers like they're supposed to with ad-based revenue, rather than subscription-based revenue?