Netflix’s ad-supported tier, which launched in November 2022, has reached 70 million global monthly users.
The streaming giant introduced the cheaper tier with commercials in November 2022 as one of its responses to slowing subscriber growth.The company said Tuesday more than 50% of its new sign-ups are for ad-supported plans in countries that offer the option. Netflix said it continues"to see positive momentum and growth across all areas of the business," adding it has seen"steady progress across all countries' member bases."it added 5.
Netflix also said it's brought on FanDuel and Verizon as advertisers for the games. FanDuel will become the exclusive pregame sportsbook betting partner, Netflix said, and will have a sponsored in-show feature.
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