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Netflix says it will not introduce advertising to its streaming service …for the time being. Following confirmation that streaming rival Disney+ plans to introduce a new subscription tier with advertising at a lower cost, Netflix Chief Financial Officer Spencer Neumann was asked about the possibility of Netflix taking a similar step.
Speaking during the Morgan Stanley Technology, Media & Telecom conference, Spencer Neumann told Reuters that Netflix had no plans to offer a low-cost subscription tier with advertising, however, he couldn’t rule out doing so in the future. Mr Neumann said the company was focused on building its current offering for customers who want to watch boxsets and films without any interruptions from commercial breaks.
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If you want the best deal currently available for Disney+, buy an annual subscription to the streamer. This costs £79.90, which is £6.65 a month, compared to the pricier £7.99 cost for the rolling one-month option. There are also other benefits to buying a year-long subscription upfront – last year, when Disney decided to increase the cost of the service, those who had paid for a year in advance were unimpacted
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