take a look at some of the other
business stories we're watching for you this morning.
The days of binging Netflix content without any adds
might soon be a thing of the past
executives at Netflix are saying they're aiming to introduce an ad supported,
lower priced subscription tier in the last three months of this year.
That's according to an internal memo.
The note also suggested that that tear will roll out around the same time as an
extra fee for subscribers who are sharing their
passwords with people living at different addresses.
This effort from Netflix comes as the
company reported their first quarter results last month
that showed a loss of 200,000 subscribers in the first three months of the year.
That's their first loss of subscribers in more than a decade.
Meanwhile, talking about the ipod,
the device that helped Apple changed the entire music industry soon.
Just going to be a memory,
the tech giant announcing that they're discontinuing the ipod.
The digital music player was first introduced on october 23rd 2001.
It was the first portable mp three player that could hold up to 1000 songs.
The ipod helped redefine how people bought enjoyed and even shared music.
It even started to lose popularity of smartphones took over as
the main source of listening to music on the go.
But now Apple says its newest ipod touch will be the
final iteration of the device and you can still buy them online
and in stores for about $199 while supplies last
and after nearly 30 years electronic arts
calling it quits now with FIFA,
the partnership between EA Sports and FIFA now coming to an end that
after the two sides failed to agree on extending their business relationship.
Now,
EA still holds licenses for 300 soccer partners and has exclusive
agreements with the Premier League and also Major League Soccer.
FIFA 23 will be the last E. A game with that branding when it arrives later this year.
And starting next year, the annual soccer game will be rebranded to E. A Sports UFC.