Netflix removing cheapest ad-free plan, upping content spend

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Netflix removing cheapest ad-free plan, upping content spend
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Netflix (NFLX) reported its second-quarter earnings results, alongside announcing plans to discontinue its cheapest ad-free plan in the US and France. Citi...

Bazinet notes that Netflix 's restructuring efforts are"complicated" as the company strives for profitability. However, he highlights that the ad-tier business has been"consistent with our expectations," with growth in sales, albeit under-monetized.

Well, uh the street right now um is grappling a bit with Netflix just because it's so darn complicated, right?You've got the base business, you have the benefit of the password sharing crackdown and then you have the ad tier and so the street has to keep all those balls spinning and have a view on all three.

I mean, at, at what point do you think consumers who are trying to figure out how to cut costs or how to make sure that they're at least trimming some costs but still able to take advantage of a certain streaming platform, whether it be Netflix or whether it be one of the competitors out there, how do they best identify when they're paying too much for a service?I mean, I can only tell you the metrics we look at in the, in the old linear model.

Whether it's for the love is Blind fans out there or for anything of the like or some of the scripted series, where would you like to see them really prioritize some of those dollars?Um I think what, what uh the push into live sports is really about is really about capturing I think advertisers attention, advertisers love advertising on live sports more than they do most other content.In other words, it's not a coincidence that Netflix launched its ads here.

The actress denied ever making her costar wear deodorant on the 2008 film in a new episode of ‘Watch What Happens Live with Andy Cohen’ Marvel Studios’ final trailer for “Deadpool & Wolverine” has let two of the movie’s big surprises out of the bag. One is that Lady Deadpool will be popping up alongside many other variants of the Merc with the Mouth. Various teasers for the Marvel tentpole had tipped off Lady Deadpool’s arrival, but this final trailer …

"As you are occupied with other companions, I hereby declare our divorce," Sheikha Mahra bint Mohammed bin Rashid Al Maktoum said in a social media postPeople Are Sharing The Unique Ways They Earn A Living, And I Am Starting To Think I Chose The Wrong Career

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