Netflix Reportedly Targeting Ad-Supported Tier At $7 To $9 Per Month, 4 Minutes Of Commercial Ads Per Hour.
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According to Bloomberg report, Netflix has set a price for its new advertising-supported tier.
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Netflix Plan
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Netflix plans to charge $7 to $9 per month, a significant reduction from its current $15.49 monthly plan.
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Disney's $8 monthly plan which was launched in December, is now comparable to Netflix's price range.
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Report says, Netflix will feature four minutes of advertising every hour, but not after.
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Netflix Plan
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The ad-option will make its debut in six test areas over the last three months of this year.
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Netflix Plan
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By 2027, the new ad tier is expected to produce $8.5 billion annually, according to Bloomberg.
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Netflix had increased its subscription costs and was now at the very top of the price range.
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