Netflix Announces Discontinuation of Lowest-Priced Ad-Free Plan in U.S. and France
Netflix, the streaming giant headquartered in Los Gatos, California, announced plans to discontinue its lowest-priced ad-free subscription option in the U.S. and France. This decision, detailed in a shareholder letter on Thursday, marks a strategic move to potentially bolster subscriptions to its cheaper ad-supported plan. The phased-out basic ad-free plan, previously priced at $11.99 per…