After months of speculation surrounding Netflix’s forthcoming ad-supported tier, the company has officially confirmed the launch date for ‘Basic with Ads’: November 3.

At a price of US$6.99 per month, the new subscription plan is US$3 cheaper than the US$9.99 ‘Basic’ tier with no advertisements, and cheaper than both Hulu’s (US$7.99) and HBO Max’s (US$9.99) ad-supported offerings. 

According to Netflix, ‘Basic with Ads’ will be available in 12 countries, including Australia, Brazil, Canada, France, Germany, Italy, Japan, Korean, Mexico, Spain, the UK, and the US. 

The company says that subscribers to the upcoming tier will still enjoy the same variety of television shows and movies, including a personalized algorithm and feed.