this post was submitted on 19 Jul 2023
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Netflix just axed its basic ad-free plan in the US and UK (www.theverge.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Netflix just axed its basic ad-free plan in the US and UK::Netflix no longer offers its basic ad-free plan in the US and UK to new subscribers, which costs $9.99 / month or £6.99 / month in either country.

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[–] BURN@lemmy.world 1 points 1 year ago

The VC money has dried up. Everyone is now being forced kicking and screaming into being profitable, and in the process are killing their platforms as a side effect.

It’s been slowly happening since ~2019, the pandemic accelerated it and then the crazy inflation drove the nail home.