Netflix sets lower price for ad-supported service. It comes with a catch.

Netflix Generic
  |  

SAN RAMON, Calif. (AP) — Netflix will unveil next month the first version of its video streaming service with ads.

The move will give cost-conscious viewers a chance to watch most Netflix shows at a steep discount in exchange for putting up with commercial interruptions.

The ad-supported service is scheduled to debut Nov. 3. It comes as Netflix tries to reverse a drop in subscribers. It will cost $7 per month in the U.S.

RELATED: How to save money on subscriptions you may not even know you have

RELATED: Just Sayin’: Canceled subscriptions

That’s a 55% markdown from Netflix’s most popular $15.50-per-month plan, which doesn’t include ads.

The ad option will also be available in 11 other countries.

Subscribers choosing the cheaper plan won’t be able to download shows while offline.

 

FacebooktwittermailFacebooktwittermail

Top Local Stories

co-daily

Loading...