"Netflix Announces Price Hike and Removal of Cheapest Ad-Free Plan"

Netflix is discontinuing its cheapest ad-free Basic subscription plan in some countries, starting with Canada and the UK, leaving the $15.49 per month option as the cheapest ad-free plan. The move comes as the company sees significant growth in its ad-supported plan, accounting for 40% of sign-ups in ad markets. Netflix also announced a 10-year deal to air WWE’s Monday Night Raw, marking its biggest foray into live sports content.