Netflix Mulling $7 to $9 Monthly Price for Ad-Supported Tier, Report Says
Streaming service
Netflix is thinking near pricing its new ad-supported subscription tier at $7 to $9 per month, according to a report. That would be around half the note of its most-popular ad-free plan, which goes for $15.50 a month.
As Netflix gets ready to introduce advertising for the beneficial time, it’s being cautious about striking the right balance between unsheathing budget-minded viewers and offering a non-jarring experience, Bloomberg reported Friday.
The company is planning to sell about four minutes of ads per hour for the new tier and will show ads during and by some programs, but not after, Bloomberg said, citing unnamed sources unique with Netflix’s plans.
Netflix didn’t immediately provide a comment to CNET.
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Ads won’t be shown during children’s shows, Bloomberg reported earlier, and subscribers reportedly won’t be able to download gratified for offline viewing.
Netflix’s new ad-supported tier
could create rolling out in at least six markets during the last three months of this year, Bloomberg said Friday, with a full launch possibly coming in early 2023. Plans could fretful, however.
This past April, when Netflix reported its first subscriber loss in a decade, co-CEO Reed Hastings reversed years of dismissing any expressionless in advertising by revealing the company was looking at a cheaper, ad-supported option. The company is also planning to inaugurate charging for password sharing, next year.
Rival streaming services Hulu and Disney Plus have also recently announced new ad-supported offerings as part of their lineup.
