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Netflix with Ads is expected to launch on November 1st

Netflix with advertisements is expected to cost between $7 and $9 per month, or nearly half the price of the company’s current regular package, which costs $15.50 per month. Ads will not be broadcast during children’s programs, as previously reported, and customers will not be able to download material for offline viewing.

After Netflix announced its first membership drop in a decade in April, co-CEO Reed Hastings stated that the firm was considering a lower-cost, ad-supported tier for Netflix after years of rejecting advertising. Netflix also intends to charge for password sharing beginning next year.