{"id":112571,"date":"2024-07-18T20:27:28","date_gmt":"2024-07-18T20:27:28","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/07\/18\/netflix-is-getting-more-comfortable-with-ads\/"},"modified":"2024-07-18T20:27:28","modified_gmt":"2024-07-18T20:27:28","slug":"netflix-is-getting-more-comfortable-with-ads","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2024\/07\/18\/netflix-is-getting-more-comfortable-with-ads\/","title":{"rendered":"Netflix is getting more comfortable with ads"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">With Netflix raking in 8 million more global subscribers over the past few months, the streamer is turning its attention to its ad-supported plan \u2014 and for good reason. The budget-friendly tier now accounts for over 45 percent of all new signups in markets where ads are available, according to its <a href=\"https:\/\/ir.netflix.net\/files\/doc_financials\/2024\/q2\/FINAL-Q2-24-Shareholder-Letter.pdf\" target=\"_blank\" rel=\"noopener\">second quarter earnings report<\/a> results released on Thursday.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">As part of its efforts to nudge subscribers to its ad plan, Netflix started <a href=\"https:\/\/www.theverge.com\/2024\/7\/2\/24190632\/netflix-ad-free-basic-plan-discontinued\" target=\"_blank\" rel=\"noopener\">phasing out its cheapest commercial-free plan for existing subscribers<\/a> in Canada and the UK earlier this month. It plans on discontinuing the plan in the US and France next. Netflix has also started testing pause ads, which appear on your screen whenever you stop what you\u2019re watching.<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">\u201cOur ad revenue is growing nicely and is becoming a more meaningful contributor to our business,\u201d the earnings report reads. \u201cThe near term challenge (and medium term opportunity) is that we\u2019re scaling faster than our ability to monetize our growing ad inventory.\u201d<\/p>\n<\/div>\n<div class=\"duet--article--article-body-component\">\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph mb-20 font-fkroman text-18 leading-160 -tracking-1 selection:bg-franklin-20 dark:text-white dark:selection:bg-blurple [&amp;_a:hover]:shadow-highlight-franklin dark:[&amp;_a:hover]:shadow-highlight-blurple [&amp;_a]:shadow-underline-black dark:[&amp;_a]:shadow-underline-white\">Starting next year, Netflix will <a href=\"https:\/\/www.theverge.com\/2024\/4\/18\/24134217\/netflix-earnings-q1-2024-subscriber-count\" target=\"_blank\" rel=\"noopener\">make a fundamental change<\/a> to the way it measures growth. Instead of revealing how many subscribers it added at the end of each quarter, it will only provide a breakdown of revenue by region. Netflix says the change \u201creflects the evolution of the business\u201d as the streamer turns its attention to advertising and keeping subscribers.<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.theverge.com\/2024\/7\/18\/24201360\/netflix-earnings-q2-2024-ads-advertising\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With Netflix raking in 8 million more global subscribers over the past few months, the streamer is turning its attention to its ad-supported plan \u2014 and for good reason. The budget-friendly tier now accounts for over 45 percent of all new signups in markets where ads are available, according to its second quarter earnings report [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":112572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-112571","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/112571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=112571"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/112571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/112572"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=112571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=112571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=112571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}