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Netflix ad-supported service to be launched in November

Netflix has been losing customers as competition and cost of living pressures mount. The company lost more than 1 million subscribers in the first half of this year. It is due to provide an update of that figure to investors next week. Netflix is launching a new streaming option with adverts in November, introducing a less expensive offering as it fights to keep viewers. Netflix’s move into advertising is a big change for the company, which pioneered the idea of subscription-based streaming. What is your comment on the ad-supported service ?

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