Netflix Names Microsoft as Technology and Sales Partner for Ad-Supported Subscription Plan

Netflix Names Microsoft as Technology and Sales Partner for Ad-Supported Subscription Plan

Netflix said on Wednesday that it has selected Microsoft as technology and sales partner for its planned ad-supported subscription offering, as the streaming giant looks to plug slowing subscriber growth by rolling out a cheaper plan. Shares of Netflix rose 2 percent to $178.06 (nearly Rs. 14,100) on the news….