Daily Management Review

Netflix to introduce cheap subscription plan with ads


According to the website for the streaming service, Netflix will release a new, less expensive subscription plan with commercials in November.

Matthew Keys
Matthew Keys
The statement reads, "We are excited to debut "Basic with Ads, Netflix's more affordable plan with advertisements in November. The price of this plan is $6.99, and it will start on November 3."

The plan comes with four to five minutes of advertisements for every hour of viewing along with all the features offered in the basic subscription (which costs $9.99).

Once the offer begins, adverts will last for 15 to 30 seconds and be broadcast both before and during the program or film.

The new package will be offered in United Kingdom, the United States, Mexico, Canada, France, Australia, Italy, Germany, Japan, Spain, and South Korea.

source: reuters.com