Tag: Netflix ad plan

Streaming service giant Netflix will no longer offer the “Basic” plan, its cheapest ad-free option that was priced at $11.99 monthly, for costumers in the U.S. The move comes after the streamer removed the “Basic” plan for customers in Canada and the UK in...

The shares of streaming service giant Netflix have continued their rise this week as the company’s stock (NFLX) approaches its all-time high. Netflix’s shares have jumped by almost 5% in the past five days, closing in at $ 686.12 per share and 46.45% up year-to-date....

Netflix stocks closed 2% lower on Thursday after falling 5% the previous day. This comes after comments from CFO Spencer Neumann at Bank of America's Media, Communications, and Entertainment Conference that touched on the company's lower-than-expected outlook on its operating margins. After speaking on numerous...

New Netflix subscribers in the U.S. will no longer have access to the streamer’s lowest-priced ad-free plan. The company removed the $9.99 a month “Basic” plan from its U.S. offering this week after making the same move in Canada in June. According to the statement...

Netflix co-CEO and co-founder Reed Hastings announced on Thursday his decision to step down from his role in the company. As a result, COO Greg Peters will step into Hastings' role, where he will work together with co-CEO Ted Sarandos. Hastings will now serve...

Investors are anticipating news of Netflix's subscriber numbers and the performance of its recently debuted ad-supported tier when the streaming giant releases its fourth quarter financial results once trading commences on Thursday. While subscriber numbers declined during the first three quarters of 2022, investors expect...