Netflix Is Losing Subscribers Fast and Exploring Ad-Supported Model
Netflix is scrambling to figure out a way to retain subscribers as they ended the first quarter with 200,000 less people paying for their content. Netflix has long sold itself as a commercial free space for TV shows and movies, but is now exploring a lower priced option that is ad-supported. Another area the company hopes to cut back on is rampant account sharing. They estimate that 222 million households pay for the platform and it is being shared with another 100 million more homes. Price sensitive customers are also leaving for competitors with cheaper subscriptions. Joe Flint, media reporter at the WSJ, joins us for more.
Next, let’s talk about death… specifically what happens to your body. Cremation is now more popular than a traditional casket burial with 56% of Americans being cremated. Estimates say that by 2040, 80% of people could go that way. A number of factors are influencing these decisions such as the significantly cheaper cost and increasingly secular population. There have also been an increase in green burials where the body is put into biodegradable containers or even reduced to soil. Karen Heller, national features writer at The Washington Post, joins us for the rise of cremation.
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