Category: Reed Hastings

Auto Added by WPeMatico

Netflix to introduce ad-supported plan

By News Curator

Netflix plans to offer a cheaper and ad-supported plan to consumers within a year or two, the world’s largest on-demand video streaming service said, as it pushes to tap a wider set of potential customers amid stiffer competition from rival firms. The firm, which reported a loss of 200,000 subscribers in the first quarter, will…