
What a Wall Street Meltdown Means for the Consumer
The Town with Matthew Belloni
00:00
Is Netflix Cutting Back on Streaming?
The goal for Netflix or any of these other companies is to make it so that the ad tier is as lucrative for them as the non ad tier. So we may be looking at a situation in a year or two where the number of services people subscribe to is either the same or potentially even more because they can get two for the price of one if they take ads. In terms of the cutback on your question earlier about whether these companies are cutting back, we know they are because they're telling us that they are. They're all under pressure and saying they're going to reduce costs.
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