July 9, 2023 | Eul Basa

Netflix Is ‘Open’ To The Idea Of A Free, Ad-Supported Service


Could Netflix ever become a totally free streaming service? The company’s leading executives say the possibility exists, but should the switch ever be made, it would require an ad-supported model.

On the company’s fourth-quarter earnings call, co-CEO Ted Sarandos was asked if the ads option, known as ‘FAST’, is on the table. He confirmed that it is definitely being considered, along with several other options.

“We’re open to all these different models that are out there right now. We’re keeping an eye on that segment, for sure,” he said.

Of course, a free-to-use Netflix may not happen anytime soon, since the company has other important things it would like to focus on this year. Sarandos shared that they are currently working on paid sharing (that is, cracking down on password sharing) as well as the launch of advertising.

whynetflixwa-1534309598639.jpgShutterstock

Greg Peters, Sarandos’ co-CEO, didn’t go into much detail about the ad tier, but he did mention that it was showing promise. According to their data, Netflix subscribers to the ad tier have been engaging with the streaming service’s content at a similar level as standard tier users.

“That’s really a promising indication. It means we’re delivering a solid experience and it’s better than we modeled and that’s, you know, a great sort of fundamental starting point for us to work with,” he added.

Peters also mentioned that Netflix is taking notes from Hulu, which has seen much success with advertising. The hope is that Netflix, with its 230 million subscribers worldwide, can eventually surpass Hulu in that area.

For now, subscribers will have to choose from one of three price plans to access Netflix: Basic at $9.99 per month, Standard at $15.49 per month, and Premium at $19.99 per month.

Sources:  1


READ MORE

10 Money Habits Of People Who Retire Before 40

Retiring at 40 isn't a pipe dream, and you don't have to be a tech genius, Wall Street bro, or pro athlete to do it. But you have to follow the habits of those who've done it before.
April 15, 2025 Penelope Singh
corporateinternal

10 Shocking Corporate Meltdowns

Major corporations seem so stable. That's why shocking corporate meltdowns are so compelling. Here are 10 of the worst ever.
June 14, 2023 Eul Basa
Signs You're Broke Internal

10 Signs You're Broke

Discover the 10 unmistakable signs that you might be facing financial difficulties. From living paycheck to paycheck to avoiding bills, this article delves into the indicators of being broke and offers insights into understanding and assessing your financial health.
October 4, 2023 Sammy Tran

10 Simple Tricks to Save on Your Water Bill

Explore ten straightforward and effective ways to significantly cut your water bill, each supported by savings statistics, and gain insights into common water-wasting habits and the cost structure of water bills. This guide offers practical advice on water conservation, helping households to be more water-efficient and financially savvy.
September 29, 2023 Allison Robertson

10 Vintage Sports Cards That Are Worth a Fortune Today

Explore the lucrative world of vintage sports cards with a deep dive into 10 cards that have skyrocketed in value over the years. From baseball legends to basketball icons, uncover the stories and prices behind these treasured collectibles.
November 1, 2023 Sammy Tran
Save Money With Your Old Phone

10 Ways To Save Money With Your Old Phone

Discover 10 clever ways to save money with your old phone! From repurposing it as a security camera to turning it into a dedicated music player, this article unveils creative ways to make the most out of your old device. Don't let your retired phone gather dust—unlock its hidden potential and start saving today!
January 19, 2025 Peter Kinney


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team