Netflix confirms an ad-supported tier is coming (Jon Fingas/Engadget)

Jon Fingas / Engadget
Netflix confirms an ad-supported tier is coming – Netflix continues to lock down plans to offer ad-supported service. As The Hollywood Reporternotes, company co-chief Ted Sarandos confirmed to guests at the Cannes Lions festival that Netflix is adding an ad-backed tier with a lower price. He stressed that the option wouldnt bring ads to Netflix as you know …

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