By Dean Seal

Netflix Inc. has partnered with Microsoft Corp. to offer a new advertising-supported version of its streaming service at a lower price point.

The streaming giant had been courting major entertainment studios for a programming deal and said Wednesday that Microsoft would be able to support its advertising needs while the two companies build out a content lineup for its ad-supported plans.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 13, 2022 15:05 ET (19:05 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
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