Looks Like Netflix May Introduce Ads Sooner Than Expected This Year. Here's What We Know.

I kind of get a little sick to my stomach each month as I see more prices rising, seeing how high my current Netflix account has me thinking about canceling.

However, it looks like Netflix will be introducing a cheaper option and it may come sooner than expected.

According to a report, Netflix is planning to introduce a lower-priced subscription, but there’s a catch.

The lower tier plan will have advertisements, so no more commercial-free streaming if you want a lower price.

Commercials don’t really bother me because I need a lot of potty breaks anyhow, so this may be the option I choose instead of canceling.

Our revenue growth has slowed considerably as our results and forecast below show
Netflix executives told shareholders in a press release

A lot of people have been canceling and I think Netflix is trying to regain accounts.

Streaming is winning over linear, as we predicted, and Netflix titles are very popular globally. However, our relatively high household penetration – when including the large number of households sharing accounts – combined with competition, is creating revenue growth headwinds. The big COVID boost to streaming obscured the picture until recently. While we work to reaccelerate our revenue growth – through improvements to our service and more effective monetization of multi-household sharing – we’ll be holding our operating margin at around 20%.
Netflix executives told shareholders in a press release

Plus there was the whole thing with shareholders suing Netflix.