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Netflix is cutting its cheapest ad-free plan for some users

Customers must choose between an ad-supported plan or a higher ad-free tier.

Can't finish Netflix subscription from r/mildlyinfuriating Based on the Reddit complaints, it seems the streaming giant may first be testing out the updated offerings in the UK or Canada before expanding to other regions (including the U.S.). "Scaling our ads business represents an opportunity to tap into significant new revenue and profit pools over the medium to longer term," Netflix said in a statement. It is important to note that, despite people unsubscribing to the service, according to CNBC, Netflix's memberships rose by 16% in the first quarter of 2024, reaching 269.6 million, and their net income was around $2.33 billion.

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