The streamer has already phased out the cheapest ad-free subscription option for new signups.

Netflix Hints at Price Increases, Plans to Retire Basic Service Amid Ad-Tier Growth::Netflix says subscriptions to its ad-supported service grew by 70 percent in the fourth quarter of 2023.

  • nodsocket@lemmy.worldEnglish
    01·
    10 months ago

    I am a shareholder of Netflix. If they don’t make more profit this year the stock will go down and I will lose money.

    I use some of the income from my Netflix stock to pay for my Netflix subscription.

    Edit: looks like I just made 12% since this announcement came out!