Netflix has for years ignored the fact that many of us are mooching off our friends’ and families’ accounts. But as Netflix’s growth slows and its annual production budget for churning out new hits creeps ever higher, that’s changed. In other words, Netflix needs more money.
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Update: Disney confirmed that it will launch an ad-supported version of Disney+ for the US in late 2022, with plans to expand it internationally in 2023.
Move could boost profits and amp up subscriber activity if Disney+ heads down a path already travelled by HBO Max, Paramount+, Peacock and even Disney s own Hulu service.