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Netflix to introduce adverts on streaming service

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manchestereveningnews.co.uk

It has now been officially confirmed that Netflix will soon be introducing adverts onto its service following an increase in subscription costs.

It comes after the streaming giant reported a huge loss of subscribers over the past year alongside plummeting share prices.

The adverts will reportedly be added to a low-price subscription tier and will not be added to regular subscribers who are already paying higher-priced subscriptions.

Around 200,000 subscribers were lost in the company's first quarter while also losing an additional 700,000 subscribers after suspending operations in Russia in response to the Ukraine invasion.

Read more on manchestereveningnews.co.uk
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