Update (6/24/2022): Speaking to WSJ, Netflix Co-Chief Exec Ted Sarandos has confirmed Netflix is definitely working on an ad-based tier. Not much is known about the tier, only that it will be cheaper than the current plans. It’s also unclear if it will have any other changes (like a smaller catalog of titles, etc). Netflix does make it very clear that ads will only be present in the upcoming budget tier, with more expensive plans sticking to the ad-free model.
Original (5/10/22):
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