Netflix to debut subscription with ads

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San Francisco (AFP) – Netflix on Thursday said a subscription option subsidized by ads will debut in November in a dozen countries as the streaming service strives to jumpstart growth. Basic with Ads subscriptions will be priced at $6.99 in the United States, three dollars less than a basic option without ads, Netflix chief operating officer Greg Peters said in a briefing. “The timing is great because we really are at this pivotal moment in the entertainment industry and evolution of that industry,” Peters said. “Now streaming has surpassed both broadcast and cable for total TV time in the Uni…

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