Dream Wired
No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop
No Result
View All Result
Dream Wired
No Result
View All Result
Home DramaAlert

Netflix to fully phase out most affordable no-ads plan in Canada – National

rmtsa by rmtsa
January 25, 2024
in DramaAlert
0
Netflix to fully phase out most affordable no-ads plan in Canada – National
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Clips Of Kamala Harris And Donald Trump Speaking On Iran And World War 3 Resurface After Trump Strikes Three Iranian Nuclear Sites Amid Israel-Iran Conflict

LGBTQ-Friendly Places To Visit This Summer

The View’s Sunny Hostin ‘Almost Died’ After Suffering Allergic Reaction On Air

Netflix‘s lowest-cost, ad-free plan is coming to an end in Canada.

The streaming giant revealed this week that it plans to retire the no-ads Basic plan in Canada starting in the second quarter of 2024, making Canadians some of the first in the world to have the Basic plan axed, alongside the U.K. Other markets will have their Basic plans wind down at a later date, which is yet to be confirmed.

The Basic plan, currently priced at $9.99 per month, will disappear and customers will be prompted to move to the similar no-ads Standard plan at $16.49 per month, or select a different plan. The option to add extra member slots to the Standard plan will be available at $7.99 per month.

The phase-out of Netflix Basic comes after the company stopped offering it to new subscribers in markets including the U.S., Canada and the U.K. in 2023.

Story continues below advertisement

Netflix did not confirm to Global News the exact date when Canadians can expect to see the move to a Standard plan and increased pricing, nor how the option to switch plans will be communicated to customers, instead directing users to the shareholder report and the Canadian pricing plan.


Click to play video: 'Tech Talk: Proposed Canadian levy against Netflix & the problem with electric vehicles'

1:54
Tech Talk: Proposed Canadian levy against Netflix & the problem with electric vehicles


The company still offers a Standard plan with ads for $5.99 per month or users can pony up the extra cost for a Premium plan, which supports additional device and download permissions as well as Ultra HD capabilities, for $20.99 per month.

Get the latest National news.

Sent to your email, every day.

In a letter to shareholders Monday, reporting results from the fourth quarter of 2023, Netflix outlined its reasoning for the plan changes.

“We seek to provide a range of prices and plans to meet a wide range of needs, including highly competitive starting prices,” the company wrote. “As we invest in and improve Netflix, we’ll occasionally ask our members to pay a little extra to reflect those improvements, which in turn helps drive the positive flywheel of additional investment to further improve and grow our service.”

Story continues below advertisement

In a Q4 earnings interview, co-CEO Greg Peters stressed that the ad-supported Standard tier is designed to offer more overall value than its predecessor Basic plan.

With the ad plan, customers “get a better plan than Basic, more streams, higher resolution with downloads. And of course, the real benefit is they get access to all these amazing stories at a lower effective price,” Peters said.

Trending Now

‘Heavily armed’ suspect acted alone in Edmonton City Hall shooting: police

Kyte Baby CEO apologizes for ‘selfish’ firing of mom with baby in NICU

Netflix signalled it will try to justify the higher subscription prices — and perhaps reel in more advertisers to the low-cost plan that includes commercials — with a $10-billion deal announced Tuesday that will bring the WWE’s popular wrestling program, Raw, to its service.

Peters predicted it will be several years before ad sales bring in significant revenue. But the company is still benefiting from the $6-per-month price for the plan with commercials, with that option now accounting for about 40 per cent of its new subscribers in the markets where it’s available.


Click to play video: 'Netflix cracking down on shared passwords'

2:18
Netflix cracking down on shared passwords


Previous Video

Next Video

Story continues below advertisement

Peters told analysts that Netflix remains confident that it can still convince more viewers now using the passwords of paying customers to ante up for their own plans.

“That (crackdown) will improve our growth for years,” Peter said.

Analysts have also been anticipating the company will amplify a push into video games that Netflix embarked upon in 2021 during the throes of the pandemic.

While emphasizing the video game segment remains relatively small, Netflix says it’s starting to see more subscribers spending more time on its service engaged in that pastime instead of watching TV series and movies.

&copy 2024 Global News, a division of Corus Entertainment Inc.



Source link

Tags: AffordableCanadaFullyNationalNetflixnoadsPHASEPlan
Share30Tweet19
rmtsa

rmtsa

Recommended For You

Clips Of Kamala Harris And Donald Trump Speaking On Iran And World War 3 Resurface After Trump Strikes Three Iranian Nuclear Sites Amid Israel-Iran Conflict

by rmtsa
June 22, 2025
0
Clips Of Kamala Harris And Donald Trump Speaking On Iran And World War 3 Resurface After Trump Strikes Three Iranian Nuclear Sites Amid Israel-Iran Conflict

Clips are resurfacing of former Vice President Kamala Harris and current President Donald Trump individually speaking on Iran and wanting to prevent World War 3, while slamming the other...

Read more

LGBTQ-Friendly Places To Visit This Summer

by rmtsa
June 22, 2025
0
LGBTQ-Friendly Places To Visit This Summer

by BLACK ENTERPRISE Editors June 22, 2025 It’s nearly summer, which means vacation time for many LGBTQ+ Americans. But where are LGBTQ+ vacationers heading? From beach towns to...

Read more

The View’s Sunny Hostin ‘Almost Died’ After Suffering Allergic Reaction On Air

by rmtsa
June 22, 2025
0
The View’s Sunny Hostin ‘Almost Died’ After Suffering Allergic Reaction On Air

Hostin recalls writing a "death note" to co-host Alyssa Farah Griffin after eating a dish that included walnuts, which she's allergic to, before detailing how nurses on set...

Read more

J.K. Rowling Worked “Closely” With ‘Harry Potter’ HBO Series Writers

by rmtsa
June 22, 2025
0
J.K. Rowling Worked “Closely” With ‘Harry Potter’ HBO Series Writers

As many Harry Potter fans boycott the new HBO series over J.K. Rowling‘s aggressive anti-transgender stance, the author is getting her loyalists hyped for the show. With the...

Read more

Chris Brown pleads not guilty to assault charge in U.K. – National

by rmtsa
June 22, 2025
0
Chris Brown pleads not guilty to assault charge in U.K. – National

Chris Brown pleaded not guilty Friday to a charge related to the serious beating of a music producer with a bottle in a London nightclub in 2023. Brown,...

Read more
Next Post
Quirky Fun Trailer for WILLIE AND ME Starring Willie Nelson and Eva Hassmann — GeekTyrant

Quirky Fun Trailer for WILLIE AND ME Starring Willie Nelson and Eva Hassmann — GeekTyrant

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized

CATEGORIES

  • Celebrity
  • Comics
  • DramaAlert
  • Gossip
  • Movie
  • Music
  • TV
  • Uncategorized
No Result
View All Result

Recent News

  • The Real Housewives of Atlanta, Season 16, Episode 16: Chicken And Waffles – Essence
  • Ciara Says Rihanna Feud Is Finished After Met Gala Meetup
  • Five Projects for Southeast European Female Filmmakers Support Program

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Celebrity
  • DramaAlert
  • Gossip
  • Movie
  • TV
  • Music
  • Comics
  • Shop

Copyright © 2023 DramaWired.
DramaWired is a content aggregator and not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In