FOLLOW US

And More July 15, 2022 2 mins read

Netflix Partners With Amazon To Launch A Cheaper Ad-Supported Subscription

And More ı By Rochdi Rais

0 Comments

A man watching Netflix on TV.

Netflix has picked Microsoft as its partner for its ad-supported service, according to a company’s announcement Wednesday.

“Microsoft has the proven ability to support all our needs as we together build a new ad-supported offering. More importantly, Microsoft offered the flexibility to innovate over time on both the technology and sales side, as well as strong privacy protections for our members,” Netflix COO Greg Peters said in a statement.

The popular streamer — which has been going through mayhem as it tried to retain and add subscribers — announced in April that it plans on rolling out an ad-supported tier after years of resisting the move.

Co-CEO Reed Hastings has been the number one enemy of adding commercials or other promotions to the platform but said during the company’s prerecorded earnings conference call that it “makes a lot of sense” to offer customers a cheaper option.

The offering has a lot of profit potential for Netflix as it works to sign up more users. In an effort to lure more subscribers, Netflix has increased its content spend, particularly on originals. To pay for it, the company raised prices of its service. Netflix said those price changes are helping to bolster revenue but were partially responsible for a loss of 600,000 subscribers in the U.S. and Canada during the most recent quarter.

Netflix has been in negotiation with lately, including Google and Comcast, as it prepares to launch the tier before the end of 2022. 

Unlike Google, which owns YouTube, and Comcast, which owns NBCUniversal’s Peacock, Microsoft doesn’t operate a competing streaming service to Netflix.

Peters said the ad efforts are still in the “very early days,” with “much to work through.”

 

Previous Article

The Fed Is Close To Beating Inflation, Says Jim Cramer

Read More
2773 Posts

Rochdi Rais

Rochdi Rais is the Head of Growth and financial and legal writer at USA Herald. He has been writing and editing financial, legal and U.S. news for years with over +4000 articles published during his career.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America September 26, 2026
VisionQuest Brings Marvel’s Vision Trilogy to…

VisionQuest is set to bring Marvel Television’s story of Vision…

By – Jackie Allen
America September 26, 2026
Nor’easter Slams New Jersey as East…

A powerful nor’easter is battering the East Coast, leaving tens…

By – Jackie Allen
America September 26, 2026
United Nations Diplomacy Focuses on Iran…

The United Nations became a major venue for renewed diplomatic…

By – Jackie Allen
America September 26, 2026
Exclusive: OpenAI Agents Leaked ChatGPT User…

What Readers Need to Know OpenAI says its agents leaked…

By – Samuel Lopez
America September 26, 2026
Ponzi Scheme Promised 15% Weekly Returns,…

The Fraud, By the Numbers Federal regulators say four men…

By – Samuel Lopez
America September 26, 2026
Princess Diaries Star Heather Matarazzo Says…

WHY THIS MATTERS Heather Matarazzo just admitted something most working…

By – Samuel Lopez
America September 26, 2026
Princess Diaries Star Heather Matarazzo Says…

WHY THIS MATTERS Heather Matarazzo just admitted something most working…

By – Samuel Lopez
America September 26, 2026
New York Sues Polymarket Claiming Prediction…

What This Fight Is Really About New York says Polymarket…

By – Samuel Lopez
America September 25, 2026
ADARx Pharmaceuticals $446M IPO Rides Biotech’s…

Biotech IPOs have been arriving in rapid succession lately, almost…

By – Tyler Brooks
America September 25, 2026
Clorox Bacteria Risk Recall Suit Alleges…

The entire point of a household cleaner is to eliminate…

By – Tyler Brooks
America September 25, 2026
NextEra $9.5M Settlement Approval Advances Nuclear…

Class action settlements often move through the courts like ships…

By – Tyler Brooks
America September 25, 2026
Select Water $700M Pilot Water Buy…

Water may not carry the glamour of oil, but in…

By – Rachel Moore
America September 25, 2026
Iranian Flights Curtailed as Saudi Arabia…

Iranian Flights are facing further restrictions across the region as…

By – Jackie Allen
America September 24, 2026
Nolan Wells Autopsy: ‘No Fluid or…

ORLANDO, Fla. — Nolan Wells’ family attorneys say cellphone data…

By – Michallie Harrison
America September 24, 2026
AI Bots Are Calling Customer Service:…

AI Bots are increasingly becoming part of an unexpected new…

By – Jackie Allen
And More September 24, 2026
Nazi Prosecution: Three Landmark Cases and…

A new Nazi Prosecution investigation is taking place in Dortmund,…

By – Jackie Allen
America September 24, 2026
Gary Glitter: the Band, Crimes, Convictions…

 Gary Glitter, the former British glam-rock star whose real name…

By – Jackie Allen
America September 23, 2026
Roblox widow alleges $6 million scam,…

The Roblox widow says a former companion took $6 million…

By – Jackie Allen
America September 24, 2026
Island $6.4B Valuation Reflects Bet on…

Some companies grow steadily, year over year, in predictable increments.…

By – Rachel Moore
America September 24, 2026
Starbucks Closing 250 Stores Across North…

What Starbucks Workers Need to Know Starbucks is closing roughly…

By – Samuel Lopez
America September 24, 2026
Federal Panel Deadlocks Over ABA’s Power…

What Law Students Need to Know The dispute now centers…

By – Samuel Lopez
America September 24, 2026
Chinese AI Agents Steal Over 600,…

Inside the AI Attack Autonomous Chinese AI agents have compromised…

By – Samuel Lopez
America September 24, 2026
Matt Gutman Dropped From Samira Said…

What Changed Since the Lawsuit Was Filed Matt Gutman and…

By – Samuel Lopez
America September 24, 2026
She’s Alive LLC, and Manager of…

What’s Driving the Parton Estate Fight A Nashville judge granted…

By – Samuel Lopez
America September 22, 2026
Hayden Panettiere’s Cause of Death Confirms…

What the Toxicology Findings Tell Us Hayden Panettiere’s death has…

By – Samuel Lopez
America September 22, 2026
Clavicular Charged With Rape In Massachusetts…

What Matters Now Braden Peters, known online as Clavicular, faces…

By – Samuel Lopez
America September 22, 2026
VP JD Vance and Dr. Oz…

Insurance Impact at a Glance CMS says it canceled 315,000…

By – Samuel Lopez
America September 19, 2026
Iranian Government Holds Rally as War…

The Iranian Government organized its allegedly largest rally since the…

By – Jackie Allen
America September 19, 2026
Businesses Face Rising ADA Lawsuits Over…

Key Takeaways Website-accessibility litigation is surging, with 432 new digital…

By – Samuel Lopez
America September 18, 2026
Cher Wins Procedural Victory As Conservatorship…

Key Takeaways Cher secured a procedural victory in her renewed…

By – Samuel Lopez
America September 23, 2026
Roblox widow alleges $6 million scam,…

The Roblox widow says a former companion took $6 million…

By – Jackie Allen
America September 22, 2026
Network Traffic Challenges May be Reshaped…

Network traffic has traditionally moved in one dominant direction: from…

By – Jackie Allen
America September 21, 2026
Gilbert Goons Defendant Arrested Again for…

A Gilbert Goons defendant awaiting trial in the 2023 death…

By – Jackie Allen
America September 20, 2026
Caleb Williams Injury Ends Bears QB’s…

Some plays end with a first down. This one ended…

By – Rachel Moore
America September 20, 2026
Saquon Barkley Injury Sidelines Eagles Star…

Football fortunes can flip on a single play — and…

By – Tyler Brooks
America September 20, 2026
Meta Connect 2026: AI Glasses, Mixed…

Meta Connect 2026 is set to bring CEO Mark Zuckerberg…

By – Jackie Allen

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter