- Netflix discontinues its most basic subscription tier in the US
- $8.99 Standard tier becomes the new base level subscription
- Move aims to streamline subscriber options and generate more revenue
Netflix has decided to do away with its lowest-level subscription offering in the United States. This means that subscribers will no longer be able to access the Basic Ad-Free plan, which was priced at $7.99 per month.
The Standard plan, which costs $8.99 monthly, is now the minimum option for American subscribers. It offers streaming on two devices at once in HD quality. Netflix hasn’t made any changes to the other plans, which include the $13.99 Premium tier and the $17.99 Premium Ultra plan.
This move is believed to be a strategic decision by Netflix to simplify the choices available to subscribers and boost its revenue. The platform has been focusing on improving user experience, investing in original content, and exploring alternative revenue streams, such as its recent foray into gaming.
With the constant increase in streaming competition, Netflix has to continue innovating to maintain its dominance and market share. By eliminating the Basic plan, the company can potentially generate more income while ensuring that subscribers receive a high-quality service.
While the change has only been implemented in the US, it is unclear whether Netflix plans to remove the Basic plan in other regions as well.