Cheaper, ad-supported Netflix tier to launch in November

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Cheaper, ad-supported Netflix tier to launch in November
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Netflix Basic With Ads will cost $7 and will be missing some titles from the full catalog

, which says Netflix Basic With Ads will cost $7 per month and will be available in the U.S. on November 3. It will also be available in November in Canada, Mexico, Australia, Brazil, France, Germany, Italy, Japan, Korea, the U.K., and Spain.

But wait, it gets worse! Due to some licensing restrictions, the full Netflix library will not be available on Basic With Ads. We don’t know specifics, butsays Netflix COO Greg Peters indicated that it would still have about 90-95 percent of the library and that the company will be trying to bring more content to the cheaper tier “over time.

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