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Netflix Confirms Plans For Ad-Supported Service, Begins Second Round of Layoffs – According to the Wall Street Journal, Comcasts NBCUniversal subsidiary and Google are the top contenders for Netflixs upcoming ad-supported streaming tier. After many years of resisting ads, Netflix CEO Reed Hastings announced the plan for an ad-supported tier in April, reports Ars Technica. Netflixs stock price dropped 35 percent the …
