On Tuesday, Netflix explained to investors how it plans to keep the company on the right track.

"In the near term, a key priority to re-accelerate revenue growth is to evolve and improve our monetization," Netflix said in its shareholders letter.

In the early days of streaming, Netflix kept its "pricing very simple with just one plan level" before introducing multiple pricing tiers in 2014, the company wrote. Going forward it will "focus on better monetizing usage through both continued optimization of our pricing and tiering structures."

On Tuesday, Netflix explained to investors how it plans to keep the company on the right track.

"In the near term, a key priority to re-accelerate revenue growth is to evolve and improve our monetization," Netflix said in its shareholders letter.

In the early days of streaming, Netflix kept its "pricing very simple with just one plan level" before introducing multiple pricing tiers in 2014, the company wrote. Going forward it will "focus on better monetizing usage through both continued optimization of our pricing and tiering structures."