Netflix to launch cheaper ad-supported subscription tier in November
by Josh Taylor from on (#638VA)
Streaming platform reportedly brings forward low-cost option initially planned for 2023 to get ahead of similar service with ads from Disney+
Netflix will reportedly launch a cheaper ad-supported tier for its streaming platform at the start of November as the company tries to stem the loss of more than 1 million subscribers in 2022.
The company was initially planning to start offering the service in 2023, but Variety reported last week it had been bumped to 1 November in order to get ahead of Disney+'s planned launch of an ad-supported tier in December.
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