Netflix will phase out Basic plan tier in more countries
Netflix will fully retire its commercial-free “Basic” plan in the United Kingdom and Canada later this spring.
Netflix ($NFLX) is an international, subscription-based television and movie service based in Los Gatos, California. The company operates a global streaming service with thousands of TV shows and movies, including some originals, as well as a direct-to-home DVD rental service. As of January 2023, the company had over 231 million subscribers worldwide.
Netflix will fully retire its commercial-free “Basic” plan in the United Kingdom and Canada later this spring.
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