 Streaming giant Netflix announced it will phase out its cheapest ad-free plan as the service reports a net gain of new users. Netflix added 8 million subscribers in the period of April through June, bringing its total subscriber number to 278 million. Part of the reason for the increase, a crackdown in password sharing. The company is raising its cheapest ad-free subscription plan to $15.99, the streamer's cheapest option, $6.99 a month, with ads. ABC's Sherry Preston.