Spurred by the loss of 200,000 subscribers, as well as the possibility of two million more in the current quarter, Netflix (NASDAQ: NFLX) has seen its shares take a beating in 2022 -- down nearly 70% as of this writing. In order to find ways to keep growing, the management team, led by co-founder and co-CEO Reed Hastings, has announced it is exploring the introduction of a cheaper, ad-supported tier. The argument for Netflix to start offering an ad-based membership is straightforward. Read More...
Spurred by the loss of 200,000 subscribers, as well as the possibility of two million more in the current quarter, Netflix (NASDAQ: NFLX) has seen its shares take a beating in 2022 — down nearly 70% as of this writing. In order to find ways to keep growing, the management team, led by co-founder and co-CEO Reed Hastings, has announced it is exploring the introduction of a cheaper, ad-supported tier. The argument for Netflix to start offering an ad-based membership is straightforward.
