Netflix offers customers a cheaper ad-supported tier launching November 3

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Netflix made this decision because of the high competition in the streaming OTT platform.

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Subscribers on Netflix have been very low for a while because others are watching Netflix by using others' passwords.

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Currently, the basic plan cost is $9.99. But now the basic with ads plan cost $6.99 per month.

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If you're on the Basic with Ads plan, Netflix doesn't allow you to watch downloaded content offline.

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The Basic with ads plan will start only in a few countries.

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Disney Plus has also come forward to serve its customers at a low monthly subscription cost.

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Netflix has taken this step to re-attract people with a basic ads plan.

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