Life is not the cheapest at the moment, so saving on not-so-important aspects of life, such as your favourite streaming platform, could stop you from selling your kidney the next time the petrol soars to record prices.
There’s good news for Netflix lovers looking for a cheaper option. The streaming platform recently revealed it would be teaming up with Microsoft to offer a cheaper subscription plan that will include advertisements.
According to BBC, the subscription will be an “addition” to its existing plan but the exact cost hasn’t been revealed.
The money move comes after a dismal first quarter in which the platform lost a ton of subscribers for the first time in a decade. Around 200 000 subscribers decided to say goodbye to their Netflix subscription between January and March, a disappointing reality for the streaming platform as it had expected to enjoy a few new subscribers.
The loss comes in the face of other streaming platforms cropping up in the last few years, including Disney Plus and Hulu.
Microsoft will reportedly be responsible for designing and managing the platform when it comes to advertisers who are interested in serving Netflix users with their ads, as per News24.
However, it’s still early days according to Greg Peters, Netflix’s chief operating officer.
While cheaper Netflix may help to put a smile on your face the next time you check your bank balance, the streaming platform has stated it would be getting tougher on sharing logins and passwords, which provide people who do not pay each month to enjoy the platform’s content.
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