Netflix confirms an ad-supported tier is really, actually happening - The Verge

Netflix’s co-CEO Ted Sarandos has confirmed that the company plans to add an ad-supported tier to its streaming service. It comes as the service reported a drop in subscribers for the first time in ten years in April.

Reportedly before the year is out Sarandos onstage at the Cannes Lions advertising festival. Photo by Eamonn M. McCormack/Getty Images for Cannes Lions Netflixs co-CEO Ted Sarandos has confirmed t… [+2674 chars]

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