Netflix CEO Confirms Ad-Supported Tier Coming, Explains Why
Ted Sarandos said Netflix is not bringing ads to its service, but rather bringing a cheaper subscription plan to users who don't mind ads.
Ted Sarandos
Netflix to Spend $7 Billion USD on Content in 2018
Netflix will spend $7 billion USD on content in 2018 — up from the $6 billion USD that the streaming giant has pledged to spend this year on licensing and producing TV series and films.