Netflix reports first-quarter earnings after the bell on Tuesday, as investors await updates about its new ad-supported tier and password-sharing crackdown.
Results for the country's new ad-supported tier will be top of mind. Last November, Netflix
its cheaper tier with commercials, which costs $6.99 a month. The ad-supported tier came shortly after it lost subscribers as streaming competition ramped up.the company is likely to offer multiple ad-supported tiers in the future. Another focus for Wall Street will be Netflix's crackdown on password sharing. Late last year, the company saidrolling out measures to have people who have been borrowing other accounts create their own.
The company has said more than 100 million households share accounts, or about 43% of its global user base. That has affected its ability to invest in new content, Netflix has said. Both the ad-supported option and crackdown on password sharing
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