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Netflix revenues up due to ad sales/ad supported plans (lemmy.world)

submitted 1 year ago by reddig33@lemmy.world to c/television@lemmy.world

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Evidently screwing customers twice by making them watch ads for the same price they used to get ad-free has been profitable. Let the enshitification continue!

https://variety.com/2024/digital/news/netflix-subscribers-277-million-q2-2024-earnings-1236076843/

In other news, their ad sales VP left this week for some reason.

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[–] JackbyDev@programming.dev 3 points 1 year ago

They really screwed themselves over long term with so many cancellations. Would've been better to give shows something like a 2 episode mini season to wrap stuff up.

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