Netflix considers ads and cheaper subscription price after losing subscribers for the first time in ten years

Fortune Magazine says Netflix is planning a lower-priced version of its service. The new service will feature commercials and will be available in the next year or two. Netflix is offering a lower price streaming service because they lost 200,000 customers in the first quarter of 2022. They are expected to lose another 2 million during the second quarter of this year. Screen Rant says 100 million households are sharing their Netflix passwords and Netflix says that and competition are to blame.