{"id":17040,"date":"2024-01-23T22:05:58","date_gmt":"2024-01-24T03:05:58","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/netflix-is-killing-its-cheapest-ad-free-plan-in-canada-and-the-uk-in-q2\/23\/01\/2024\/"},"modified":"2024-01-23T22:05:58","modified_gmt":"2024-01-24T03:05:58","slug":"netflix-is-killing-its-cheapest-ad-free-plan-in-canada-and-the-uk-in-q2","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/netflix-is-killing-its-cheapest-ad-free-plan-in-canada-and-the-uk-in-q2\/23\/01\/2024\/","title":{"rendered":"Netflix is killing its cheapest ad-free plan in Canada and the UK in Q2"},"content":{"rendered":"<p>\n<\/p>\n<div>\n<p>In its <a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/s22.q4cdn.com\/959853165\/files\/doc_financials\/2023\/q4\/NEW-FINAL-Q4-23-Shareholder-Letter.pdf\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Q4 2023 earnings report;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Q4 2023 earnings report<\/a> from earlier today, Netflix announced that starting in Q2 2024, its cheapest ad-free &#8220;Basic&#8221; plan will be completely gone in Canada and the UK. You haven\u2019t been able to sign up for this tier <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/www.engadget.com\/netflix-axes-its-10-basic-plan-in-the-us-and-uk-123350885.html\" data-ylk=\"slk:since last July;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener nofollow\">since last July<\/a>, but now, even current subscribers will no longer be able to keep their &#8216;Basic&#8217; plan, which was originally $10 or \u00a37 per month but <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.engadget.com\/netflix-jacks-price-of-its-premium-plan-up-to-23-a-month-201116571.html\" data-ylk=\"slk:bumped up;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener nofollow\">bumped up<\/a> to $12 or \u00a38 in October. In other words, you&#8217;ll basically be forced into one of the two more expensive ad-free packages (from $16.49 or \u00a311 per month) or the cheaper ad-supported plan ($6 or \u00a35 per month).<\/p>\n<p>It&#8217;ll be interesting to see which side the current user base will lean towards when they eventually have to make their decision, but it&#8217;s clear that Netflix wants to boost its ad business, rather than relying too much on the constant price hikes \u2014 as is the case with the <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/www.engadget.com\/is-streaming-video-even-still-worth-it-192651141.html\" data-ylk=\"slk:entire streaming market;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener nofollow\">entire streaming market<\/a>, it seems. After all, the ads plan currently accounts for 40 percent of all Netflix sign-ups in its ads markets, according to the earnings report. We wouldn&#8217;t be surprised if the same will be applied to the US before long. &#8220;We\u2019re looking to retire our Basic plan in some of our ads countries, starting with Canada and the UK in Q2 and taking it from there,&#8221; Netflix added.<\/p>\n<p>The company is also seeing success in gaming, with user engagement in this area <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/www.engadget.com\/netflix-says-that-game-engagement-tripled-in-2023-224130242.html\" data-ylk=\"slk:tripled;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener nofollow\">tripled<\/a> in 2023. The <em>Grand Theft Auto<\/em> trilogy, which only <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/www.engadget.com\/netflix-is-adding-the-gta-trilogy-to-its-games-library-on-december-14-190357966.html\" data-ylk=\"slk:arrived;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener nofollow\">arrived<\/a> on the platform on December 14, is credited as Netflix&#8217;s &#8220;most successful launch to date in terms of installs and engagement&#8230; with some consumers clearly signing up simply to play these games.&#8221; But the firm added that it&#8217;s still early days compared to the scale of Netflix&#8217;s core streaming business, with no figures significant enough to share just yet. Who knows, maybe we&#8217;ll see another leap with the <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/www.engadget.com\/netflixs-2024-game-lineup-includes-game-dev-tycoon-sonic-mania-and-a-cozy-grove-sequel-160014745.html\" data-ylk=\"slk:2024 gaming lineup;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" target=\"_blank\" rel=\"noopener nofollow\">2024 gaming lineup<\/a>.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.yahoo.com\/netflix-is-killing-its-cheapest-ad-free-plan-in-canada-and-the-uk-in-q2-024458235.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In its Q4 2023 earnings report from earlier today, Netflix announced that starting in Q2 2024, its cheapest ad-free &ldquo;Basic&rdquo; plan will<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/world\/netflix-is-killing-its-cheapest-ad-free-plan-in-canada-and-the-uk-in-q2\/23\/01\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":17042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/17040"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=17040"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/17040\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/17042"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=17040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=17040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=17040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}