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Netflix revenues up due to ad sales/ad supported plans (lemmy.world)

submitted 4 months ago by reddig33@lemmy.world to c/television@lemmy.world

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Evidently screwing customers twice by making them watch ads for the same price they used to get ad-free has been profitable. Let the enshitification continue!

https://variety.com/2024/digital/news/netflix-subscribers-277-million-q2-2024-earnings-1236076843/

In other news, their ad sales VP left this week for some reason.

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[–] reddig33@lemmy.world 8 points 4 months ago* (last edited 4 months ago)

Update: Netflix also dropping lowest cost ad-free plan. They reeeaaaally want you to pay for ads.

https://www.forbes.com/sites/brianbushard/2024/07/18/netflix-scraps-cheapest-ad-free-tier-for-existing-customers/