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