Netflix Phases Out $11.99 Basic Plan: New Subscription Options Revealed
Netflix discontinues its $11.99 ad-free plan, introducing $6.99 ad-supported, $15.49 standard HD, and $22.99 premium Ultra HD plans. With 8 million new subscribers in Q2 2024 and revenue growth, Netflix plans to debut video games and focus on ad-supported models for better user experience.
The shift responds to the surge in ad-supported sign-ups due to password-sharing controls. Netflix aims for critical ad subscriber mass by 2025 for revenue growth, as competition like Disney+ and others loom.
Microsoft's post-merger price actions face FTC scrutiny, highlighting concerns over consumer impact, contrasting Netflix's strategic shifts.
Related news on that topic:
The press radar on this topic:
Netflix is ending basic $11.99 plan with no ads: Here's which subscription plans remain
FTC Says Microsoft's Game Pass Price Hikes Hurt Subscribers
Netflix users are losing one of its cheaper options TheStreet Daily Newsletter
Welcome!
![InfoBud.ai](https://ik.imagekit.io/enm51urx3/static/infobud-world-news-300.jpg)
infobud.ai is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand