Tech Brew Ride Home Wed. 01/24 – Netflix’s Cheapest Ad-Free Plan Is Going Away
Jan 24, 2024
Netflix plans to eliminate its cheapest ad-free subscription, stirring up chatter about its victory in the streaming arena. Spotify is gearing up for in-app payment changes to navigate new EU regulations, while Google Pixel 9 Pro renders reveal exciting features. Apple is rethinking its EV ambitions with delays and scaling back its self-driving tech, all while ramping up generative AI integration into iPhones. Meanwhile, Built Rewards is shaking up rental payments by turning them into loyalty points, thanks to a fresh funding boost!
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Netflix Shifting to Cable TV Model
- Netflix is retiring its cheapest ad-free plan in some countries, pushing users towards pricier options.
- This move, along with their expansion into live sports and gaming, suggests a shift towards a cable TV model.
Netflix Wins Streaming Wars with Low Churn
- Netflix boasts a remarkably low churn rate of 2%, significantly lower than competitors like Starz (10%) and Apple TV+ (8%).
- This indicates high customer satisfaction despite common complaints about content availability.
Spotify's App Store Breakout
- Spotify prepares to bypass Apple's App Store fees with in-app purchases, enabled by upcoming EU regulations.
- This change could significantly boost Spotify's subscription and audiobook sales.