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Netflix launches a free streaming site to reach its next 100M subscribers

Snacks / Tuesday, September 01, 2020
_When you finally get off the parents' Netflix_
_When you finally get off the parents' Netflix_

Free Netflix... Not the kind where you mooch off your parents. Netflix launched a new global website offering popular movies and shows for free, no subscription required. It's the same idea as Costco free samples, if Costco gave away a full Prime Rib instead of one edamame. Bingeable titles include: Stranger Things, Bird Box, and Love is Blind. Before you break a finger rushing to cancel your subscription:

  • The catch: There are only 10 movies/shows available, though Netflix says it might shake it up.
  • The other catch: You can only watch the 1st episode of a show. Movies are available in full (because Boss Baby is important viewing).
  • BTW: Netflix still hates ads (except its own). This isn't your Spotify-style "freemium" model — the only ads you'll see are Netflix's attempts to get you subbed.

Forgot Tiger King existed... It's a smart, low-cost marketing play on Netflix's part. It allows the Flix to unlock a new segment of price-sensitive users. It's less intense than the existing free trial — you don't have to drop your credit card number or put an iCal reminder to "cancel subscription" in a month.

  • The other other catch: The content is only available on computer browsers and Android phones. Netflix isn't targeting the well-worn US market, which is saturated with iPhones (compared to the rest of the world, which is mostly Android).

Netflix is looking for its next 100M subscribers... It has 193M subscribers and added a huge 10M last quarter. But it's expecting growth to dramatically slow to 2.5M new subs this quarter. The lockdown streaming surge may have passed its peak, and streaming wars have heated up with newbies like Disney+. Netflix is looking to emerging markets like India and Brazil for its next 100M. It's hoping the cliffhanger at the end of Stranger Things S1E1 gets people subbing.

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