TECHNOLOGY

Netflix tells employees ads may appear by end of 2022

Netflix is facing significant business challenges.

In Summary

•Netflix is facing significant business challenges after reporting a loss of 200,000 subscribers in the first three months of the year.

•Netflix is facing significant business challenges.

Smartphone with Netflix logo is seen in front of a descending stock graph in this illustration taken April 19, 2022.
Smartphone with Netflix logo is seen in front of a descending stock graph in this illustration taken April 19, 2022.
Image: REUTERS

Netflix could introduce a lower-priced ad-supported subscription plan by the end of the year, the New York Times reported on Tuesday, citing an internal note to employees.

Netflix did not immediately respond to a Reuters request for comment.

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