Come 2023, Netflix is expected to launch its ad-supported tier which will be a cheaper alternative to its current plans, but if a Bloomberg report is accurate, it might not necessarily be that much cheaper than the company’s current offerings.
According to the report, the ad-supported tier will reportedly cost $7-$9 a month. For context, Netflix’s cheapest plan is $9.99 a month, so if it is at $7 a month, customers will end up saving $3, where if it were to cost $9 a month, customers will only save about $1. While $7 is cheaper than what’s being offered, it’s not that big of a savings considering what you will have to “sacrifice” in terms of features.
For starters, it was previously reported that the ad-supported tier will not offer Netflix’s entire catalog of shows, and that offline downloads will not be available, and also how shows will only be streamed at 480p. This means that by saving $1-$3 a month, you’ll be giving up a fair bit of features and access, which we’re not quite sure is worth it.
Also, something to note is that Netflix already has mobile-only plans for certain countries which are much, much affordable and has almost everything the other tiers have. That being said, we’re sure that some might find these potential savings a good thing, but we’ll have to wait and see and let customers speak with their wallets.
In the meantime, do you think that these prices are acceptable for some of the trade-offs that you might have to put up with?
Source: Bloomberg