Netflix ad-supported tier has 15 million subscribers, triple the previous count
Publishing timestamp: 2023-11-01 16:00:40
Summary
Netflix's cheaper, ad-supported tier has gained 15 million global monthly active users, triple the previous figure. This growth comes as Netflix aims to drive revenue amid slowing subscriber growth. The company added 8.8 million subscribers in the third quarter, exceeding expectations. Netflix is also introducing new features for advertisers and users in its ad tier.
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Keywords: netflix inc, business, entertainment, business news, internet, media, breaking news: business,
Source: https://www.cnbc.com/2023/11/01/netflix-ad-supported-tier-15-million-subscribers.html