The plan would cost approximately half as much as Netflix’s US$15.49 subscription tier, which is currently its most popular plan.
Bloomberg reported on Friday that Netflix is considering pricing its advertisement-supported subscription tier at US$7-US$9 per month.
The company plans to rollout the new subscription plans in at least six markets from October through November.
The streaming service implemented a price increase in subscription plans in the U.S. and Canada earlier this year.
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