Over the past few months, Netflix has been losing a lot of its subscribers. For this reason, Netflix is coming up with a new plan to increase their company subscribers.
This new plan is a low cost plan with advertising. Netflix’s Deputy CEO Ted Sarandos told reporters: “As always, other plans will not be advertised, but at the same time we are bringing a new plan for those who want to use Ted Sarandos’ ODT at a lower cost.
He said he was in talks with Google and NCP Universal to collect ads for the low-cost project, which would take effect soon.
It is noteworthy that Netflix is currently coming up with this new tariff plan as the public is complaining that Netflix has the highest fees among OTD companies.
The number of Netflix subscribers has been declining significantly recently. This is according to the company’s quarterly report. Netflix is expected to lose 20 million subscribers this year.
It is noteworthy that Netflix has come up with a low-cost plan with ads to increase the number of subscribers in the face of a sharp fall in shares of Netflix. The number of subscribers is likely to increase if the scheme comes into force.
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