Netflix has often found a way into the news, with the streaming service regularly making headlines for its buzzworthy programming and whether or not it ends up getting cancelled. This week, the streamer made it into the news for an unexpected reason, after reports indicated that they have lost 200,000 subscribers in Q4. The company has cited multiple excuses for why that problem occurred, and has outlined plans to retain subscribers by cracking down on password sharing and even unveiling a cheaper, ad-supported option of its service. That latter news definitely surprised subscribers, especially after years suggesting that it wouldn’t necessarily be the case. The ordeal even got lampooned on The Late Show with Stephen Colbert, with the show creating a fake advertisement from Netflix promoting the idea.
Seems like Netflix isn’t trying hard enough to hide these ads…#LSSC pic.twitter.com/HGX0uh3FKm
