Netflix's Ad-Supported Tier Reaches 70 Million Global Users
The ad-supported plan now accounts for over half of new sign-ups in available regions, marking significant growth since its launch.
- Netflix's ad-supported tier has grown from 40 million users in May to 70 million, indicating a strong demand for more affordable streaming options.
- Over 50% of new Netflix subscribers in regions with the ad-supported tier are choosing this lower-cost plan.
- The ad tier has become a key component of Netflix's strategy, despite the company not expecting it to drive major revenue growth until 2026.
- Netflix has successfully sold out ad inventory for its first live NFL broadcasts on Christmas Day, partnering with major brands like FanDuel and Verizon.
- The company plans to expand its in-house ad technology globally by 2025, with Canada already fully transitioned to the new system.