
Netflix has a plan to get you paying more for a subscription
Daily MailNetflix will begin phasing out its most affordable ad-free option, the company announced Thursday. The streaming giant had already stopped accepting new customers for the Basic plan, which costs $11.99 per month, last October. Basic plan users seeking an ad-free experience on Netflix will now have two options: the Standard plan at $15.49 per month or the Premium plan that has 4K at $22.99 per month. While the subscriber gains topped analyst predictions of 5 million, Netflix also cautioned that third-quarter subscriber gains would be lower than the comparable period in 2023 when the password-sharing crackdown had just started. The streaming video pioneer is facing saturation in the United States and told Wall Street last quarter that it plans to stop regularly reporting new subscriber additions next year.
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