According to a report, Netflix will charge $7 to $9 for their popular plan, which is supported by advertisements.
Netflix is reportedly considering setting the price of its new ad-supported subscription at $7 to $9 per month, which is half of what it currently charges for its most popular subscription. Right now, the Netflix subscription costs $15.49 per month for streaming content without ads. The goal behind the price cut is to attract more subscribers who do not mind seeing some ads for a lower monthly price. It is said that the streaming service sells about four minutes of ads per hour for the ad-supported service.
According to a recent report from Bloomberg, streaming giant Netlflix is considering lowering prices for its ad-supported service. With the low prices, the ad-supported plan could cost between $7 and $9 per month.
That's still about half of what Netflix currently charges its users for its most popular offering, which costs $15.49 per month and does not include ads.
The motive behind the price cut is simply to attract new subscribers to the service, who will not mind seeing a few ads by paying a lower amount for the content.
As mentioned earlier, Netflix is expected to sell about four minutes of ads per hour for the ad-supported service. It is said that the company will show ads before and during some shows, but not after.