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Netflix partners with Microsoft to offer cheaper streaming plan

Netflix will partner with Micrsoft on a new, cheaper streaming plan

SAN FRANCISCO: Netflix will work with Microsoft to launch a cheaper subscription plan that includes advertisements, the firms said Wednesday, as the streaming giant fights to attract customers.

Netflix opted to develop the lower-cost offering after a disappointing first quarter in which it lost subscribers for the first time in a decade, and after years of resistance against the very idea of running ads.

The ad-supported subscription will be in addition to the…

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