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The evolution of streaming services reached an integral point as Netflix quietly killed its cheapest ad-free plan ($9.99) in favor of an ad-supported option ($6.99) for new and returning members.
In reporting Q1 2023 earnings, Netflix said that in the U.S., the ad-supported plan already was producing higher overall average revenue per customer (aka ARPU) than the $15.49/month Standard plan.
Netflix has quietly removed its lowest-priced ad-free streaming plan in the US just ahead of its quarterly earnings results on Wednesday.The "Basic" plan had been offered to US consumers for $9.99 ...
Subscriptions. Rather than selling products individually, a subscription offers periodic (daily, weekly, bi-weekly, monthly, semi-annual, yearly/annual, or seasonal) use or access to a product or service, or, in the case of performance-oriented organizations such as opera companies, tickets to the entire run of some set number of (e.g., five to fifteen) scheduled performances for a whole season.
Amazon Prime Video, or simply Prime Video, is an American subscription video on-demand over-the-top streaming and rental service of Amazon offered both as a stand-alone service and as part of Amazon's Prime subscription.
On Monday, telecom giant Verizon announced it will offer a $10 bundle for the ad-supported plans of both Netflix and Warner Bros. Discovery's Max streaming services, yielding more than 40% in savings.
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