Here's How You Can Watch Ad-Free Movies And Shows On Netflix's Cheapest Plan
Portfolio Pulse from Rounak Jain
Netflix Inc. (NASDAQ:NFLX) has announced an upgrade to its ad-supported plan, allowing users to download movies and shows. The downloaded content will be ad-free, making Netflix the only ad-supported streaming service to offer this feature. The company's ad-supported package has 15 million active users globally each month. Netflix also plans to introduce new ad formats, including live sponsors for sports events and ads with QR codes. This move comes after a recent price hike in Netflix’s subscription costs in the US, UK, and France.
November 02, 2023 | 11:47 am
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Netflix's upgrade to its ad-supported plan could attract more users and increase engagement, potentially boosting its stock in the short term.
The upgrade to Netflix's ad-supported plan is a strategic move to attract more users and increase engagement. The unique feature of allowing users to download ad-free content could distinguish Netflix in the crowded ad-supported streaming market, potentially leading to an increase in its stock price in the short term.
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