Since everyone seems to be a "jugaadu", in some way or the other way around, they have been sharing their Netflix word not only with their relatives, but also with friends and their friends and others who they probably haven't even met before. this may be back to an end.
HIGHLIGHT
- Netflix's word-swapping business is coming to an end right now.
- Netflix will bring ad support to the platform currently.
- Netflix lost two entire big users in a {very} decade for the first time.
Sad, but we all expected this to happen at some point, right? Netflix has continuously asked users not to share the word of their account with anyone, after all, no one listened. Since everyone seems to be a "jugaadu", in some way or the other way around, they have been sharing their Netflix word not only with their relatives, but also with friends and their friends and others who they probably haven't even met before.
This "jugaad" is returning to AN to end terribly today. The streaming platform has already confirmed it.To Get Updated with all tech updates, Aaj ka taaja samachar , news etc checkout our blogs. Netflix corporate exec Reed Hastings recently shared the platform, for the first time terrifyingly in a decade losing two massive subscribers. And for the same reason, the company's share prices also plummeted to the bottom.
The company blames the word-exchange business for the drop in subscribers. “Sharing apparently helped fuel our growth by getting a lot of people abused and enjoying Netflix. And we've continually tried to make sharing within a member's family simple, with options like profiles and multiple streams.
While these are very popular, they have created confusion about how and when Netflix can be shared with other households," Netflix said in a letter to shareholders earlier.
Netflix has been working on cracking the word swap industry for a long time. Last month, the streaming platform stated that users in Chile, Costa Rica and Peru would like to pay more for sharing accounts between households.
Have you read about Akshay Kumar Get's Trolled For Endorsing Vimal Pan Masala? It is believed that an equivalent strategy could eventually be applied to each alternative market, together with the Asian country.
In the days/months to come, Netflix may become aggressive in taking steps to get users back on the platform quickly. the corporate executive has already hinted at delivering ads to the platform. After years of refusing ads to send to Netflix, Hastings during a recent earnings decision revealed that the company is "quite hospitable and offers even lower ad costs as a customer option."
In an equivalent earnings decision, Hastings himself has always been "against advertising quality" and could be a "big fan of subscription simplicity." Regardless, ad support is making a terrifying comeback on Netflix these days. The ad-supported tier "makes a lot of sense" for "consumers who would love to have a lower cost and tolerate advertising."
He also said the company is currently looking at the option and "trying to work it out for the next year or two."
Netflix's corporate executive also said the company is considering launching cheaper plans in the coming days. Most likely, you think that the platform is ready to attract many people to the platform with cheap plans.
Well, it's not like Netflix hasn't thrown in cheaper plans before, but that, once again, didn't work out too well for the platform. Perhaps in the future, cheaper plans will simply work for the platform.
Netflix is one of the top high-cost streaming platforms in the country, and that's presumably why Hastings needs to bring in cheaper plans. In India, Netflix currently offers four subscription plans, each of which allows multiple users to use the platform at the same time. Users will create their own account on the platform, but the amount depends on the plan they take.
The mobile tariff costs Rs 149 per month with support for one screen, the same for the basic configuration of Rs 199. the quality arrangement value Rs 499 and the premium arrangement value Rs 649 escort support for two and four screens. Except for the mobile setup, the alternatives allow users to stream what they need on an even bigger screen.
So if you share the word of your Netflix account or use someone else's, rest assured that ultimately you will return to AN it will end terribly now. So This is all about today's aaj ka taaja samachar.
