Netflix working “actively” on an ad-supported subscription

• Netflix is “actively” working on ad-supported subscription model.
• Company’s French team said there is no clear timeline for the move.
• Last month, Netflix leaked that it was planning a cheaper; ad-free subscription model by the end of 2014.

Netflix working “actively” on an ad-supported subscription. The French team of Netflix stated on Tuesday; that the business is “actively” creating its less expensive; ad-supported deal, but that there is no set deadline. The streaming service’s plans to breach its ban; on advertising by the end of the year by introducing a new; more affordable membership model were made public last month.
Following reports that Netflix had lost 200,000 subscribers in the first quarter of the year; its first drop in a decade — the New York Times received the leak.

Anne-Gabrielle Dauba-Pantanacce, head of communications for Netflix France; said, “We don’t have a specific timeline yet.

“On it, we are presently working. Giving subscribers greater options in the face of increasing inflation is a top objective “Added she.

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Over the weekend, Bloomberg claimed that neither Netflix nor its sales force; had been established.

Nothing has been decided yet, according to Dauba-Pantanacce.

Netflix wants to crack down on users who share their passwords with others; in an effort to make more money.

With 222 million users, Netflix continues to be by far the most well-liked streaming service in the world despite losing subscribers; which caused a decline in its share price.

However, they are also utilised by an estimated 100 million additional households; who do not pay for the service.

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