Netflix is expected to ban crypto ads and NFTs in the company’s upcoming ad-supported tier.
In an effort to boost revenues, Netflix announced in July that it would be launching a cheaper subscription-based tier that features commercials. Ahead of the ad-supported subscription tier’s scheduled November launch, Netflix has banned cryptocurrency-related commercials, according to The Sydney Morning Herald.
The new tier will reportedly not run advertising campaigns relating to politics, pharmaceuticals, gambling, or cryptocurrency. Additionally, the new tier will not run ads selling products to children.
Netflix has moved up the timeline to November for the launch of its ad-supported tier in a move to compete with Disney+, which is releasing its own similar plan on December 8. According to Variety, Netflix had initially planned to launch its ad-based tier at the beginning of 2023.
“We are still in the early days of deciding how to launch a lower-priced, ad-supported tier and no decisions...
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