Netflix, after years of insisting it would stick solely to subscription-only plans, is finally open to experimenting with lower-cost, ad-supported packages, co-CEO Reed Hastings said on the company’s Q1 earnings interview.
Tesla and SpaceX CEO Elon Musk criticized the “woke mind virus” making Netflix “unwatchable” as shares took a nosedive before market open Wednesday after the streaming service disclosed Tuesday afternoon that it lost subscribers in the first quarter for the first time in more than a decade.