Netflix reminded investors in its quarterly letter that it is not in the ad business, and doesn't plan to be.
Netflix is ad-free and plans to stay that way, the company reminded investors on Wednesday, as it reported weaker than expected subscriber growth for the second quarter. "When you read speculation that we are moving into selling advertising, be confident that this is false," the company said in a letter to shareholders. Visit Business Insider's homepage for more stories. Netflix is ad-free and likely to stay that way.
Netflix is ad-free and plans to stay that way, the company reminded investors on Wednesday, as it reported weaker than expected subscriber growth for the second quarter. "When you read speculation that we are moving into selling advertising, be confident that this is false," the company said in a letter to shareholders. Visit Business Insider's homepage for more stories. Netflix is ad-free and likely to stay that way.
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