Netflix Exploring Ad-Supported Tier at Lower Cost

  • According to Netflix co-CEO Reed Hastings, Netflix is looking to add an ad-supported option at a lower cost for customers. 
  • Hastings touted the move to ad-supported content by Hulu and other streamers during an earnings call and admitted that he wasn't a fan of the idea for a long time. 
  • "I am a bigger fan of consumer choice," said Hastings on the call. "Allowing consumers who would like to have a lower choice and are advertising tolerant get what they want makes a lot of sense." 
  • This new option won't be available for a year or two but know that Hastings and his team are looking into the option. 

https://deadline.com/2022/04/netflix-advertising-streaming-reed-hastings-1235006083/


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