Stephen Colbert's Late Show has some suggestions for Netflix's ad-supported 'lite' option

Netflix's surprise announcement that it lost 200,000 subscribers last quarter sent its share price plummeting 35 percent on Wednesday. Even though the company still reported $1.6 billion in quarterly profit, its first subscriber loss in a decade prompted the streaming giant to contemplate a crackdown on the estimated 100 million subscribers who share their password and/or create a cheaper subscription supported by advertising. Stephen Colbert's Late Show found that last idea intriguing, and it opened Wednesday's show with a quick look at how a "Netflix Lite" might work

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Peter Weber, The Week US

Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.