$11.99: The Cost of Netflixs New Platinum Plan

The video discusses Netflix's strategy to offer 4K streaming, a high-quality video service, despite the current low adoption of 4K TVs. It highlights Netflix's foresight in preparing for future demand and its impact on shareholders. Additionally, the video covers Netflix's deal with CBS to expand its content library in Europe, addressing concerns about programming availability in new markets.

What is the current state of 4K TV adoption according to the video?

• Widely adopted by most households

• In its infancy with limited adoption

• Already outdated technology

• Only available in select countries

Why is Netflix interested in offering a 4K streaming service?

• To compete with cable TV providers

• To reduce costs for consumers

• To eliminate the need for physical media

• To prepare for the potential popularity of 4K

How does Netflix plan to benefit from offering a 4K service?

• By partnering with more TV manufacturers

• By reducing subscription fees

• By attracting more advertisers

• By increasing shareholder satisfaction

What is the primary focus of Netflix's deal with CBS?

• To produce original content with CBS

• To launch a new streaming platform

• To enhance its European content library

• To expand into Asian markets

Which concern does the CBS deal address for Netflix?

• Lack of programming in new territories

• High cost of 4K content production

• Competition from other streaming services

• Limited availability of 4K TVs