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Ed Ludlow: Netflix considers new ad-supported subscription tier
Netflix shares are down 35% today after the company's latest earnings report showed the streaming service lost subscribers for the first time in a decade.
Netflix says it's considering a new, cheaper subscription level with ads. The company's avoided this up til now.
For more, KCBS Radio news anchor Megan Goldsby spoke with Bloomberg News Reporter Ed Ludlow.
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Netflix shares are down 35% today after the company's latest earnings report showed the streaming service lost subscribers for the first time in a decade.
Netflix says it's considering a new, cheaper subscription level with ads. The company's avoided this up til now.
For more, KCBS Radio news anchor Megan Goldsby spoke with Bloomberg News Reporter Ed Ludlow.
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