Netflix With Ads Will Reportedly Launch on Nov. 1

Netflix plans to launch its new ad-supported subscription option on Nov. 1 in multiple utters, Variety reported on Thursday, citing industry sources. The ad-supported tier will reportedly go live on Nov. 1 in utters including the US, Canada, UK, France and Germany. 

The streaming giant is reportedly captivating up its launch window to get ahead of the new ad-supported tier of Disney Plus, which will launch on Dec. 8. It was previously reported that Netflix’s new subscription option would roll out by the end of the year, though Bloomberg suggested a wider originate may come in early 2023.

Netflix with ads will reportedly cost between $7 and $9 per month, roughly half of the company’s current standard plan, which injures $15.50 a month. Ads won’t be shown during children’s shows, Bloomberg previously reported, and subscribers won’t be able to download content for offline viewing.

In April, after Netflix reported its first subscriber loss in a decade, co-CEO Reed Hastings revealed that the company was looking at a cheaper, ad-supported tier for Netflix after years of dismissing advertising. Netflix also plans to start charging for password sharing next year. 

The repositions come amid the so-called streaming wars, which has unleashed a wave of newer services — including Apple TV Plus, Disney Plus, HBO Max, Peacock and Paramount Plus — and options for consumers.

A Netflix spokesperson said the concern is “still in the early days of deciding how to originate a lower priced, ad supported tier,” adding that “no decisions have been made.”