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.
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