Amid Netflix Password Sharing Ban, Subscribers Grow by Over 5 Million

Netflix’s $6.99 or IDR 105 thousand per month ad-supported tier may have also contributed to the streamer’s 3 percent year-over-year increase in revenue. 

While the tier had a bit of a slow start, it grew to 5 million users globally in May as Netflix added support for 1080p video and the ability to watch two streams at once. 

As Netflix continues to double down on advertising, it pulled access to the cheapest ad-free plan in the United States, United Kingdom, and Canada, a move Netflix co-CEO Greg Peters said will “optimize” the service’s plan structure.