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Netflix undercuts Disney+ with launch of its $7/month ad-supported plan starting Nov. 3

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The moment has finally come. Today, Netflix hosted a press call to reveal a preview of its new ad-supported tier, “Basic with Ads,” which will launch on November 3 in nine countries, including the U.S., and cost $6.99 per month, $13 less than Netflix’s Premium plan. This aligns with reports that the new plan would be $7-$9.

Plus, Nielsen will be Netflix’s audience measurement partner, which is surprising since Nielsen has been criticized for reporting inaccurate streaming data.

The cheaper tier will roll out across 12 markets to start. On November 1, Canada and Mexico subscribers are the first to try the new plan. It will then roll out to the U.S., the U.K.,  France, Germany, Italy, Australia, Japan, Korea and Brazil on November 3. Spain will be the last to experience the cheaper tier when it launches on November 10.

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