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Netflix unveils launch date for ad-supported subscription tier

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Netflix's ad-supported subscription tier is slated to launch next month.

Starting Nov. 3, the “Basic with Ads” option will cost subscribers $7 per month.

A company spokesperson said roughly 85% to 95% of all content available in a subscriber’s country would be included in the subscription tier. The company cited licensing issues.

Read more from Quartz.

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