On Thursday, Netflix released its Q4 2022 earnings report, which included information about the financial performance of the platform during the launch of its more affordable, ad-supported plan. Additionally, it was announced that Co-CEO Reed Hastings will be stepping down from his role. Continue reading “Netflix added 7.66M subscribers in Q4 2022; names co-CEOs”
Netflix has announced the availability of “Profile Transfer,” a feature that allows users to move from one existing account to another without having to rebuild their profile. This prevents their personal information from being deleted, such as their viewing history, list of favourite episodes and movies, personalized recommendations, and other settings that would be inconvenient to lose and reset. Continue reading “Netflix “Profile Transfer” tool can export your data to a new profile”
After confirmation earlier this year and a partnership with Microsoft, Netflix has announced that it will launch a new lower priced ad-supported plan in 12 countries in November. It offers 720p/HD quality playback on one supported phone, tablet, computer, or TV at a time, similar to the Basic plan, but shows ads. Continue reading “Netflix ad-supported plan to launch in 12 countries in November”
According to Bloomberg, users won’t be able to download TV series or movies to view offline with the forthcoming ad-supported Netflix plan. The code in the Netflix iOS app, which states “Downloads available on all plans except Netflix with advertisements,” was where the limitation was spotted. Continue reading “Netflix ad-supported plan won’t support downloads: Report”
Netflix announced in April that it is planning to offer an ad-supported subscription plan to its customers. This action follows the firm’s downward trend in subscriber growth. The streaming giant lost 200K subscribers in the first quarter of 2022, which is a huge blow. As a result, the company is expected to take some serious actions in the future. Continue reading “Netflix partners with Microsoft for ad-supported subscription plan”
Netflix Inc. could launch its reduced subscription service with ads by the end of the year, according to a report from The New York Times. The report, which is based on an internal message to staff, also says that the streaming service will start trying to stop its users from sharing passwords around the same time. Continue reading “Netflix could bring ad-supported tier by the end of 2022”
