In an effort to retain customers, Netflix is introducing a less expensive streaming alternative with advertisements in November.
The plan will be accessible in 12 nations, including the US, Canada, Australia, the UK, and Mexico.
According to the company, the service will cost $6.99 per month in the US and £4.99 per month in the UK.
Due to increased competition and cost of living constraints, Netflix has been losing customers.
Over 1 million members were lost by the corporation in the first half of this year. Investors will receive an update on that number the following week.
Prices for all fans
Netflix, which invented the concept of subscription-based streaming, is making a significant change with its entry into advertising.
One thought on “Ad-supported Netflix will debut in November.”