Within the last decade, for the first time Netflix experienced a major blow-back, something it never anticipated could happen. After the grand success of the platform and the swift road to glory, Netflix lost subscribers, And yeah, it wasn’t a tiny sum. The streaming service lost 200,000 customers, prompting the corporation to explore measures to mitigate the damage. And the discussion around Netflix showing ads to its lower-tier subscribers is the buzz right now. The streaming platform’s subscribers are dissatisfied with this choice. Many have threatened to abandon the service permanently if commercials are presented to them while watching their favorite shows.
Fans have threatened to quit if Netflix continues to show them advertisements
The rumors that the streaming giant is poised to launch a new ad-supported tier subscribers are not exactly fresh. And the discussion around the streaming site showing ads to its lower-tier subscribers is the buzz right now. According to The New York Times, management has informed staff that new ad-supported plans may be offered before the end of the year. The new strategy will be to include cheaper plans with ads baked in. Resulting in higher returns for the streaming service. The platform’s current subscribers, on the other hand, were taken aback by the news and were left perplexed. It intends to create whole new ad-supported plans, although many assumed that Netflix would display advertising to current users. As a result, several of them vowed to abandon the site if something like that occurred.
Fans aren’t the only ones who have been irritated with Netflix in recent days. Even the company’s shareholders were taken aback by how Netflix withheld vital information from them, and they even sued the company for deceiving the shareholders. Netflix will follow Spotify, YouTube, and a slew of other entertainment-focused applications and websites by introducing a new lower-cost tier with commercials. But will this actually help them recover from their financial crisis?
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