Netflix's ad-supported tier hits 70 million users [Yahoo! Finance]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance
The plan, priced at $6.99 per month in the U.S., now accounts for more than half of all new Netflix sign-ups in regions where it is available. It reached 40 million global monthly active users in May. Netflix's cheapest plan without commercials costs $15.49 a month. Some analysts have previously suggested Netflix should raise prices on its ad-free options to nudge customers towards the tier with commercials as it usually brings in more revenue per user. Netflix does not offer details on the ad-supported plan's financial performance and does not expect it to become a primary driver of growth until 2026. The tier has been priced the same since its launch in late 2022. The company also said on Tuesday it had signed FanDuel on as an exclusive pre-game sports betting partner for its Christmas Day National Football League (NFL) games. "This custom segment will include Netflix Christmas Gameday talent, offering analysis and predictions aligned to FanDuel's wagering odds for the ga
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VZ
Earnings
- 10/22/24 - Beat
VZ
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- 11/12/24 - Form 4
- VZ's page on the SEC website