FILE – A logo for Netflix is seen on a remote control in Portland, Ore., on Aug. 13, 2020. Netflix will unveil the first version of its video streaming service with ads in November 2022, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions. (AP Photo/Jenny Kane, File)

By MICHAEL LIEDTKE AP Technology Writer
SAN RAMON, Calif. (AP) — Netflix will unveil next month the first version of its video streaming service with ads. The move will give cost-conscious viewers a chance to watch most Netflix shows at a steep discount in exchange for putting up with commercial interruptions. The ad-supported service is scheduled to debut Nov. 3. It comes as Netflix tries to reverse a drop in subscribers. It will cost $7 per month in the U.S. That’s a 55% markdown from Netflix’s most popular $15.50-per-month plan, which doesn’t include ads. The ad option will also be available in 11 other countries. Subscribers choosing the cheaper plan won’t be able to download shows while offline.