Netflix to launch $7 monthly with-ad plan to increase subscribers

17 Oct 2022 , 07:23 AM

Next month, Netflix will launch the first version of its ad-supported video streaming service, allowing frugal fans the chance to watch the majority of its series at a significant discount in exchange for putting up with interruptions from advertising.

The service will launch on Nov. 3 and will be supported by advertisements as Netflix attempts to stem a decline in customers. It will cost $7 per month in the United States, which is a 55% discount from Netflix’s most popular $15.50 per month ad-free plan.

Greg Peters, the company’s chief operations officer, said on Thursday that Netflix’s ad-supported option would also be launching in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, and the U.K.

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