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Netflix's cheaper ad tier surges to 23M monthly active users: ad chief

Netflix has seen subscriptions for its lower-priced advertising tier soar — jumping by 8 million over the past two months, the company said.The streaming giant — which rolled out its Basic With Ads plan for $6.99 a month in November 2022 — has amassed more than 23 million global monthly active users, according to Netflix’s president of advertising Amy Reinhard. That total stood at just over 15 million shortly after the company announced its third-quarter earnings last October.The ad-tier subscriptions acco ...