Morgan Stanley: ad tiers account for 30% of Netflix subscribers and 50% of Disney+ subscribers; ad tiers accounted for all net subscriber additions in 2025 (Max Knoblauch/Sherwood News)

Max Knoblauch / Sherwood News:
Morgan Stanley: ad tiers account for 30% of Netflix subscribers and 50% of Disney+ subscribers; ad tiers accounted for all net subscriber additions in 2025  —  As streaming prices climb, ad-free subscribers are becoming a rarity.  —  A mass digital migration is taking place …



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