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

published 21 April 2022

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

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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.

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