Netflix to officially add commercials

Netflix is

. While the service has long been , Netflix is now . Netflix co-CEO Reed Hastings stated on Tuesday that adverts will soon be included into the service.

Earlier this week,

Greg Peters stated that membership prices would vary by country. They both spoke about the state of Netflix and its future during the company's , which was broadcast on YouTube on Tuesday. During the interview, the CEO stated that Netflix will start advertising in "a year or two”. Netflix hasn't stated when this change will occur. But, as Hastings mentioned, it may be 2023 or 2024. Netflix would be joining other streaming services like Peacock and Disney+ that offer viewers to pay more for . The Netflix CEO did highlight that an ad-free alternative will still be available for members.

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