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We live in the age of streaming. In the earliest days of streaming content online, Netflix was a leader, even an innovator. However, it has since faced difficulties, primarily due to the proliferation of its competition. Networks, studios, umbrella corporations, and niche content hosts have launched streaming platforms. This has made the competition for viewers' time and the content that keeps these platforms healthy and flourishing extremely fierce.
Netflix keeps killing ad-free basic subscription tier in more and more nations
Existing subscribers to the basic plan can retain it until they switch or cancel their subscriptions
Netflix has long eclipsed its humble DVD-by-mail roots to transform into a global streaming juggernaut, but it is not about to stop tweaking its business model now. Recently, that's involved moves like cracking down on password sharing, and the introduction of its "extra member" add-on for those who wish to continue. Now the latest change is the elimination of the "basic" subscription plan in the US and UK, following in the footsteps of a similar adjustment made in Canada last month.
Netflix teases N-Plus: A new way to get attached to your favorite Netflix shows before they're cancelled
It's not a thing yet, but a recent survey says it could be someday
A lot has changed since Netflix burst onto the media scene in the late 2000s. Despite the increased competition, it's still the most popular streaming service globally for watching movies and TV shows on the web, and it's not looking to slow down momentum. Netflix may be planning to launch a new online space designed around enhancing its original properties with bonus features, podcasts, and more.
So you like the idea of Netflix but you find the prospect of setting up monthly billing with another company tedious and annoying. Maybe you don't own a credit/debit card and maybe you don't want someone else dipping into your bank account each month. Then Netflix' upcoming feature might be interesting to you.