BRAZIL - 2022/04/19: In this photo illustration, the Netflix logo seen displayed on a smartphone along with a bowl of popcorn and headphones. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)

Netflix is planning a lower-priced version of its service. No word on the exact cost, but it will be ad based and will be launched by 2024. They are most likely offering this lower price because they lost 200,000 customers in the first quarter of 2022. They are expected to lose another 2 million during the second quarter of this year. About 100 million subscribers share their Netflix passwords. Currently the lowest priced option is $9.99.

7 Skills That Are Common in Successful Central Jersey Kids

  • Self-confidence

    Children play in the snow at a park in Stockholm, capital of Sweden, on Jan. 9, 2022. (Photo by Wei Xuechao/Xinhua via Getty Images)

  • Empathy

    Kids playing in fountain

    Pasadena , CA – March 11: Children play at the Kidspace museum in Pasadena Friday, March 11, 2022. The Western monarch butterflies are returning to Southern California, and Kidspace’s annual Butterfly Season event will run from March 11 through May 31 at the childrens museum. (Photo by Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images)

  • Self-control

    Kids in playground

    Children play at a play ground in Jakarta on March 29, 2022. (Photo by ADEK BERRY / AFP) (Photo by ADEK BERRY/AFP via Getty Images)

  • Integrity

    kids playing indoors

    KRAKOW, POLAND – MARCH 31: Children, fled from Ukraine with their families, play during the free activities at the Dr. Henryk Jordan Youth Center in Krakow, Poland on January 31, 2021. (Photo by Stringer/Anadolu Agency via Getty Images)

  • Curiosity

    kids playing

    DNIPRO, UKRAINE – APRIL 06, 2022 – Animators play with the children at one of the city’s cultural and educational institutions, Dnipro, eastern Ukraine. (Photo credit should read Mykola Myakshykov/ Ukrinform/Future Publishing via Getty Images)

  • Perseverance

    kids swimming outside

    WASHINGTON, DC – AUGUST 12: Children play and cool off in a waterfall at the Yards Park as temperatures reached 97 degrees fahrenheit on August 12, 2021 in Washington, DC. A recently released climate report from the United Nations predicts that the world will continue to warm with devastating heat waves, floods and fires becoming more frequent. (Photo by Win McNamee/Getty Images)

  • Optimism

    kids playing chess

    KRAKOW, POLAND – MARCH 30: Children who fled the war in Ukraine learn how to play chess at the Dr Henryk Jordan Youth Center on March 30, 2022 in Krakow, Poland. The Polish government has said it may spend €24 billion this year hosting refugees fleeing the war in Ukraine, and is seeking more support from the European Union. With more than 2.34 million Ukrainian refugees, Poland is now the country with the second-largest foreign refugee population after Turkey. (Photo by Omar Marques/Getty Images)