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The streaming service, while announcing a much higher than expected number of new subscribers in its earnings report Tuesday, also revealed plans to “retire” its Basic ad-free subscription plan.
In reporting Q1 2023 earnings, Netflix said that in the U.S., the ad-supported plan already was producing higher overall average revenue per customer (aka ARPU) than the $15.49/month Standard plan.
The evolution of streaming services reached an integral point as Netflix quietly killed its cheapest ad-free plan ($9.99) in favor of an ad-supported option ($6.99) for new and returning members.
Popular examples of streaming services include Netflix, Spotify, and YouTube. An over-the-top media service (OTT) is a streaming media service offered directly to viewers via the Internet. OTT bypasses cable , broadcast , and satellite television platforms, the companies that traditionally act as controllers or distributors of such content.
Free advertising supported streaming television ( FAST) is a category of streaming television services, akin to linear or cable TV, represented by platforms such as Pluto TV, Rakuten TV, The Roku Channel, Samsung TV Plus, Tubi, and Xumo. These services offer traditional television programming ("live TV") and studio-produced movies without a ...
Nebula is a video-on-demand streaming service provider. Launched by the Standard Broadcast content management agency in 2019 to complement its creators' other distribution channels (primarily YouTube ), [1] [2] the platform has since accumulated over 650,000 subscribers, [3] making it the largest creator-owned internet streaming platform.
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