UPDATE: Netflix (NFLX) to introduce ad-supported service at $6.99/month

Netflix (NASDAQ: NFLX) to introduce ad-supported service at $6.99/month. Basic with Ads will cost just $6.99 a month in the US and launch on November 3 at 9 am PT.

• Unmissable entertainment at unbeatable value: Basic with Ads will cost just $6.99 a month in the US and launch on November 3 at 9 am PT.
• Available in 12 countries: Basic with Ads will be available in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, the UK and the US.
• A plan for every fan: Our current plans and members will not be impacted.Basic with Ads complements our existing ad-free Basic, Standard and Premium plans.

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