Streaming services are great, but sometimes paying full price might just be a few bucks too much. This is especially true for people who use multiple streaming services. That’s why ad-supported streaming services like Tubi and Hulu come in handy. Netflix could be the next service to jump on this ad-supported bandwagon.
It makes sense for the company to do this; it was criticized for its latest major price hike. Now it is more expensive than other streaming services. Disney+ costs $7.99/month, HBO Max costs $9.99/month, Hulu costs $6.99/month, and many other services cost around that price.
But, Netflix could bring an ad-supported level
The key phrase here is “could be”, as the company is currently just flirting with the idea. According to Variety, Netflix CFO Spencer Neumann spoke at an investor conference on Tuesday and said the company currently has no plans to implement an ad-supported tier. However, he then added, “It’s not like we have a religion against advertising, to be clear.”
That means it’s not in the company’s interest to have a cheaper tier, but things could change down the road. If there is an ad-supported Netflix tier, that could put it in closer competition with Hulu. Even Disney+ is rolling out a cheaper plan later in the year.
How much does Netflix cost?
There was a recent price hike for the company, and it upset some people. Currently, a basic plan costs $9.99/month. It doesn’t seem like too much, but there are some limitations. First, you’re locked into standard definition and can watch it on one screen at a time. It’s fine if it’s just for you.
The next tier is the $13.99/month plan. This gives you access to two screens at the same time. Moreover, this plan allows you to stream high definition content.
The most expensive plan is the $19.99/month plan. This allows you to watch high definition content on up to four screens at the same time.