U.S. markets open in 5 hours 59 minutes
  • S&P Futures

    3,240.25
    -62.00 (-1.88%)
     
  • Dow Futures

    26,072.00
    -485.00 (-1.83%)
     
  • Nasdaq Futures

    11,077.75
    -265.00 (-2.34%)
     
  • Russell 2000 Futures

    1,533.90
    -24.50 (-1.57%)
     
  • Crude Oil

    35.69
    -0.48 (-1.33%)
     
  • Gold

    1,870.00
    +2.00 (+0.11%)
     
  • Silver

    23.28
    -0.08 (-0.34%)
     
  • EUR/USD

    1.1677
    -0.0001 (-0.01%)
     
  • 10-Yr Bond

    0.8350
    0.0000 (0.00%)
     
  • Vix

    40.73
    +0.45 (+1.12%)
     
  • GBP/USD

    1.2917
    -0.0006 (-0.05%)
     
  • USD/JPY

    104.3530
    -0.2570 (-0.25%)
     
  • BTC-USD

    13,136.20
    -351.03 (-2.60%)
     
  • CMC Crypto 200

    257.45
    +14.77 (+6.09%)
     
  • FTSE 100

    5,581.75
    -1.05 (-0.02%)
     
  • Nikkei 225

    22,977.13
    -354.81 (-1.52%)
     

Netflix stops offering free trials to U.S. viewers

·1 min read
FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California
FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California

(Reuters) - Netflix <NFLX.O>, the world's largest streaming service, said on Tuesday it has stopped offering free trials in the United States.

"We're looking at different marketing promotions in the U.S. to attract new members and give them a great Netflix experience", a Netflix spokesperson said, confirming media reports.

The company has pulled down the free-trial option from its website for the United States.

The Verge news website had reported that the streaming service started phasing out the option for U.S.-based subscribers this month, after spending the last couple of years phasing out the option in a number of countries around the world.

With the coronavirus pandemic changing consumer behavior globally, more viewers are being driven to Netflix and other digital video services as people spend more time at home due to restrictions on movement and a switch to working from home.

(Reporting by Kanishka Singh; Editing by David Gregorio)