How much Netflix’s new ad-supported plan will cost and what you get (and don’t)
Netflix is getting serious about launching its own version of pay TV, launching a free-tier plan for new customers.
Here’s our guide to everything you need to know.
How much will Netflix charge for a free TV plan?
Netflix will charge $9.99 a month for those new customers signing up for its free tier, according to The Hollywood Reporter. Netflix executives have said they expect the free tier to account for 20 percent of the company’s subscriber base when it starts in six months. Netflix will add new content to the subscription-based service, including new shows from its original shows, new films and TV shows and series, over time.
How are you getting $9.99 a month?
The free tier will be available when you first sign up for Netflix, so to sign you up for the $9.99 a month plan, you’ll need to buy a Netflix subscription before April 30.
It gets even better: You can use the free or discounted membership on Amazon Prime, at Barnes & Noble and at Target — but it starts at $7.99 for new members who sign up before April 30, and for existing Prime members, you’ll get $7.99 for a two-year membership, when you first sign up for Netflix.
“The whole point is that it’s free for Netflix members to get access to the library of titles for free, so if you don’t already have Prime membership, when you buy it, you get access to all of the Netflix library,” Amazon Studios President Grahamner Goldsmith told The Guardian.
What’s the catch?
The catch? It’ll cost $9.99 a month.
“We want there to be no catch,” Netflix Chief Marketing Officer Ted Sarandos told Mashable. “I think that’s very much true and in the long or the short term is certainly why we have a price point.”
Why do Netflix and other streaming subscription services make money?
The basic idea: For Netflix, Amazon and other subscription services, ads are a crucial part of keeping subscribers.
How much will you pay for streaming?
Netflix and Amazon and other streaming services are in the business of selling access to a huge library of content for a monthly fee, including HBO,