NBCUniversal, YouTube and Warner Bros. Netflix officially launched its cheaper subscription tier with ads in November 2022.
(The company does not break out subscriptions by tier.)
Were very optimistic about it.

NetflixAndrej Sokolow/picture alliance via Getty Images
We know ad dollars follow engagement.
Weve got the most engaged audience.
So we believe were well positioned to capture some of that ad spend that shifts from linear to streaming.
