Netflix to debut subscription with ads

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SAN FRANCISCO, United States (AFP) — Netflix on Thursday said a subscription option subsidized by ads will debut in November across a dozen countries as the streaming service strives to jumpstart stalled growth. Netflix reported a loss of 970,000 subscribers in the second quarter along with stagnant profits, and its share price is down 63 percent from this time last year despite rising slightly on the ad-tier news. The new “Basic with Ads” subscriptions will […]