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Netflix ad-supported tier has 70 million monthly users two years after launch
NFLXNetflix(NFLX) CNBC·2024-11-12 22:00

People wait in a line to enter "The Lab," a "Stranger Things" Netflix series experience in Madrid on June 2, 2022.Netflix's cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched.The company said Tuesday more than 50% of its new sign-ups are for ad-supported plans in countries that offer the option. Netflix said it continues "to see positive momentum and growth across all areas of the business," adding it has seen "steady progress across all countries' ...