Current:Home > NewsNetflix is ending basic $11.99 plan with no ads: Here's which subscription plans remain -DollarDynamic
Netflix is ending basic $11.99 plan with no ads: Here's which subscription plans remain
View
Date:2025-04-17 18:44:55
Netflix is phasing out its lowest-priced ad-free subscription plan in the U.S., which could drive more viewers to its cheaper ad-supported plan.
The Los Gatos, California-headquartered streaming giant said Thursday in a letter to shareholders that it would be phasing out the basic ad-free plan – which had cost $11.99 monthly – in the U.S. and France. The company had previously dropped the basic plan in the U.K. and Canada.
The basic plan is not displayed as an option for U.S. subscribers on its Plan and Pricing page for U.S. customers. The company quit offering the basic plan for new subscribers in July 2023, but allowed basic plan customers to remain on the subscription so long as they didn't cancel or change plans.
Other Netflix plans include a $6.99 monthly option with ads, a $15.49 monthly standard HD video quality plan (no ads) and a $22.99 premium Ultra HD plan (no ads).
Netflix, which began offering a "standard with ads" tier in November 2022, said the plan's "attractiveness" led to a 34% increase in ad-supported subscriptions from the prior quarter. The company reported a record 277.65 million subscribers across all tiers in the second quarter, up 16.5% year-over-year.
Netflix subscribers in the U.S. and in France who are currently on the Basic plan will have to choose a new plan, the company said in a statement to USA TODAY. Those members impacted will get an email starting today, the company said.
Even without the basic, ad-free offering, Netflix represents "a very strong offering for our members," when you consider the $6.99 monthly ad-supported option, said co-CEO Greg Peters, during a videoconference about the company's second quarter performance Thursday.
"Essentially, we're providing them a better experience: two streams versus one. We've got higher definition. We got downloads. And, of course, all at a lower price," he said. "And for members who don't want that ads experience, they, of course, can choose our ad-free Standard or Premium plans."
The company reported its third consecutive quarter of double-digit revenue growth, with $9.56 billion in revenue in the second quarter of 2024, up 16.8% over the same quarter in 2023.
Netflix added more than 8 million subscribers in the second quarter, benefiting from the return of series such as "Bridgerton," and "Baby Reindeer" and the live event "The Roast of Tom Brady," as well as a password-sharing crackdown.
What Netflix plans are there?
- Standard with ads ($6.99 monthly): Watch in Full HD on 2 supported devices at a time and download on 2 supported devices at a time
- Standard plan ($15.49 monthly): Watch in Full HD and download videos on 2 supported devices at a time (option to add 1 extra member who doesn't live with you for $7.99 monthly).
- Premium plan ($22.99 monthly): Watch in Ultra HD (4K) quality on 4 supported devices at a time and download on 6 supported devices simultaneously; Option to add up to 2 extra members who don't live with you for $7.99 monthly).
Netflix adds 8 million new subscribers
Total number of subscribers grew to more than 277.6 million, an increase of 16.5%, the company said. Netflix forecast lower subscriber additions in the current quarter (July-Sept.) than in the same period last year, when the streaming company added more than 8.7 million.
Back in April, the company announced it planned to stop reporting membership numbers in 2025.
In after-hours trading, Netflix shares initially dipped 2%.
Netflix will begin the launch of monthly video game releases including one based on "Emily in Paris," later this month. Coming later this year, a multiplayer game based on "Squid Game."
Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.
What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
veryGood! (3876)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- United Methodist delegates repeal their church’s ban on its clergy celebrating same-sex marriages
- Avoid boring tasks and save time with AI and chatbots: Here's how
- Person fatally shot by police after allegedly pointing weapon at others ID’d as 35-year-old man
- Buckingham Palace staff under investigation for 'bar brawl'
- New Hampshire jury finds state liable for abuse at youth detention center and awards victim $38M
- Kyle Richards Drops Mauricio Umansky's Last Name From Her Instagram Amid Separation
- New Jersey governor sets July primary and September special election to fill Payne’s House seat
- Sonya Massey's father decries possible release of former deputy charged with her death
- The Kentucky Derby could be a wet one. Early favorites Fierceness, Sierra Leone have won in the slop
Ranking
- Bodycam footage shows high
- Trevor Noah Reacts to Being Labeled Loser Over His Single Status at Age 40
- MLB announces changes to jerseys for 2025 after spring controversy
- Commuters cautioned about weekend construction on damaged Interstate 95 in Connecticut
- Small twin
- Pregnant Francesca Farago Shares Peek at Jesse Sullivan’s & Her Twins
- 3-year-old toddler girls, twin sisters, drown in Phoenix, Arizona backyard pool: Police
- Fever move Caitlin Clark’s preseason home debut up 1 day to accommodate Pacers’ playoff schedule
Recommendation
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Clandestine burial pits, bones and children's notebooks found in Mexico City, searchers say
Kyle Richards Drops Mauricio Umansky's Last Name From Her Instagram Amid Separation
Connecticut lawmakers take first steps to pass bill calling for cameras at absentee ballot boxes
Former Syrian official arrested in California who oversaw prison charged with torture
New Orleans’ own PJ Morton returns home to Jazz Fest with new music
China launches lunar probe, looking to be 1st nation to get samples from far side of moon
Mississippi city council member pleads guilty to federal drug charges