What is the reason for increasing subscribers
In such a situation, Netflix plans can be launched cheaply by the company. Also cheap ad supported plans can be launched. Also, Netflix will provide more features in its ad supported plan. For this, the company will provide the facility to add two accounts in the cheap plan. Meaning earlier where one user could watch Netflix at a time in a cheap ad supported plan. Now two users will be able to use Netflix at the same time. Also, 1080p resolution support can be given in this plan. Netflix can release ad supported Netflix subscription like India in many other markets along with America.
Netflix got tremendous benefit
Netflix lost 2 lakh subscribers in the year-ago quarter. Although the subscriber growth increased in the second half of the year 2022. Although this speed was very low. After this the company introduced the password sharing feature. The company said that 100 million people are using Netflix without a subscription. After this the user base of the company has increased. One reason for this has also been ad supported cheap plans. After this, in the month of June 2022, about 10 million new subscribers have been added to the company. According to a report by Insider Intelligence, Netflix’s advertising revenue could be $770 million this year. This number will grow to $1.9 billion in 2024.
Poco X5 Review: Display and Battery did wonders, better option in less than 20 thousand?
Summarize this content to 100 words Netflix Price Cut:The Netflix company was facing huge losses for the last few years. However, now the Netflix company is back on track after the loss. There was a time when a record decline was recorded in the number of Netflix subscribers. But if the recent report is to be believed, Netflix added 2 million subscribers in the first quarter of this year.What is the reason for increasing subscribersIn such a situation, Netflix plans can be launched cheaply by the company. Also cheap ad supported plans can be launched. Also, Netflix will provide more features in its ad supported plan. For this, the company will provide the facility to add two accounts in the cheap plan. Meaning earlier where one user could watch Netflix at a time in a cheap ad supported plan. Now two users will be able to use Netflix at the same time. Also, 1080p resolution support can be given in this plan. Netflix can release ad supported Netflix subscription like India in many other markets along with America.Netflix got tremendous benefitNetflix lost 2 lakh subscribers in the year-ago quarter. Although the subscriber growth increased in the second half of the year 2022. Although this speed was very low. After this the company introduced the password sharing feature. The company said that 100 million people are using Netflix without a subscription. After this the user base of the company has increased. One reason for this has also been ad supported cheap plans. After this, in the month of June 2022, about 10 million new subscribers have been added to the company. According to a report by Insider Intelligence, Netflix’s advertising revenue could be $770 million this year. This number will grow to $1.9 billion in 2024.Poco X5 Review: Display and Battery did wonders, better option in less than 20 thousand?