Netflix will introduce ads and reports!

The OTT platform named Netflix is planning to introduce ads and reports by the end of 2022. The new strategy aims to overcome the losses and bring more users to the platform. Netflix has been in news for its bulk layoff- the reason being the loss of business in the recent past.

The company has taken this under consideration and after laying off 450 employees in two tranches so far. Ted Sarandos, Co-CEO at Netflix has confirmed during the Cannes Lions advertising festival that the future of the streaming giant will include ads, and reports.

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