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

Megan Thee Stallion’s New Show Gives Iconic Hits A K-Pop Twist

Brit Tourist Dies After Getting $1,500 Hair Transplant in Turkey — Clinic Under Investigation • Hollywood Unlocked

Steve Aoki Reveals Why He Named Baby Son Rocky77

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

Megan Thee Stallion’s New Show Gives Iconic Hits A K-Pop Twist

by rmtsa
August 3, 2025
0
Megan Thee Stallion’s New Show Gives Iconic Hits A K-Pop Twist

This hip-hop superstar is expanding her empire, and this time, it’s a cross-cultural television show. Megan Thee Stallion has officially teamed up with Apple TV+ for a new...

Read more

Brit Tourist Dies After Getting $1,500 Hair Transplant in Turkey — Clinic Under Investigation • Hollywood Unlocked

by rmtsa
August 3, 2025
0
Brit Tourist Dies After Getting ,500 Hair Transplant in Turkey — Clinic Under Investigation • Hollywood Unlocked

Social Media Mourns: Brit Tourist Dies After Getting £1,500 Hair Transplant in Turkey What was supposed to be a quick glow-up turned into a heartbreaking tragedy. Martyn Latchman,...

Read more

Steve Aoki Reveals Why He Named Baby Son Rocky77

by rmtsa
August 2, 2025
0
Steve Aoki Reveals Why He Named Baby Son Rocky77

Steve Aoki Rocky77's Got Roots and Rhythm ... Breaks Down Baby Name Published August 2, 2025 3:37 PM PDT Play video content TMZ.com Steve Aoki's spinning into daddy...

Read more

Obama Tops Trump in Hypothetical Third-Term Matchup

by rmtsa
August 2, 2025
0
Obama Tops Trump in Hypothetical Third-Term Matchup

by Mary Spiller August 2, 2025 In an imaginary presidential rematch, former President Barack Obama would decisively defeat Donald Trump by 11 points, according to a new national...

Read more

Tom Holland Debuts New Spider-Man Suit in First ‘Brand New Day’ Teaser

by rmtsa
August 2, 2025
0
Tom Holland Debuts New Spider-Man Suit in First ‘Brand New Day’ Teaser

"Spider-Man: Brand New Day" will be swinging into theaters next year -- and Sony Pictures has given fans a treat by dropping a first look at Tom Holland's...

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

  • Why Everyone Is Risking Their Ankles for Nicki Minaj
  • Michelle Williams Has ‘Trauma’ From Falling Down Stairs With Destiny’s Child
  • Brand New Day’ Revels Tom Holland’s New Suit

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