Connect with us

Hi, what are you looking for?

Editor's Pick

Netflix says its ad tier now has 94 million monthly active users

Netflix said Wednesday its cheaper, ad-supported tier now has 94 million monthly active users — an increase of more than 20 million since its last public tally in November.

The company and its peers have been increasingly leaning on advertising to boost the profitability of their streaming products. Netflix first introduced the ad-supported plan in November 2022.

Netflix’s ad-supported plan costs $7.99 per month, a steep discount from its least-expensive ad-free plan, at $17.99 per month.

“When you compare us to our competitors, attention starts higher and ends much higher,” Netflix president of advertising Amy Reinhard said in a statement. “Even more impressive, members pay as much attention to mid-roll ads as they do to the shows and movies themselves.”

Netflix also said its cheapest tier reaches more 18- to 34-year-olds than any U.S. broadcast or cable network.

This post appeared first on NBC NEWS

You May Also Like

Editor's Pick

Tennessee GOP Mother’s Unwavering Determination to Push for Gun Control Reform Inspires Change Introduction: In a state where lawmakers have repeatedly refused to take...

Economy

Whipped Inflation Now: A Historical Triumph in Economic Stability Introduction: In the annals of economic history, few phrases have captured the essence of a...

Investing

Rural Town Embraces Change: Navigating Tyson Plant Closure Amidst Manufacturing Boom Introduction: In a rapidly changing economic landscape, rural communities often face unique challenges....

Economy

The Game-Changer: FedNow’s Long-Awaited Arrival Revolutionizes the Payment Landscape Introduction: In a world where instant gratification has become the norm, the Federal Reserve’s recent...