BEAMSTART Logo

HomeNews

Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy'

Benzinga LogoBenzinga1d ago

Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy' - Benzinga

Quick Summary:

Netflix Inc.'s (NASDAQ:NFLX) Co-CEO Greg Peters has reassured investors that the company remains confident in its low-cost ad plan, despite ongoing market volatility and concerns over a potential recession fueled by new tariffs.

With fears of a recession looming, partly driven by President Donald Trump's tariffs, many wondered whether Netflix's low-cost ad tier, priced at $7.99 in key markets like the U.S.and Canada, would still perform.

What Happened: On Thursday, during Netflix's first-quarter earnings call, Peters addressed questions regarding the broader economic environment and consumer behavior.

More Pictures

Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy' - Benzinga (Picture 1)

or

Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 02:32:55 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 620 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27971111

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 5 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy'" has 620 words across 41 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Netflix Confident Of Its 'Incredible Entertainment Value' As Recession Fears Intensify, Greg Peters Says $7.99 Ad Plan Engagement Remains 'Strong And Healthy'" was covered 1 days ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 5 news stories per day.

It's most recent story was published 14 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #27971111
  • URL: https://chronographically.beamstart.com/news/netflix-confident-of-its-incredible-17449439256327

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.