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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Netflix Pricing Shakeup Removes Cheapest Ad-Free Plan In U.K. and U.S.::Online streaming giant Netflix has quietly removed its ad-free Basic plan, forcing users to pay more or sit through adverts to keep costs down.

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I mean, you can see their financial statements. All that stuff is public info since they are a publicly traded company. This chart shows the net profits since 2010 going from 161m to almost 5B

https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-income

this post was submitted on 19 Jul 2023
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