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Fortune
Fortune
Chris Morris

Netflix is phasing out its cheapest advertising-free plan

Netflix
(Credit: Getty Images)

After hinting it would do away with its lowest-priced, ad-free subscription tier, Netflix is finally putting its Basic plan out to pasture.

The company, on its earnings call Thursday afternoon, announced it was sunsetting the $11.99 per month option. Users who want to avoid ads will now have to pay either $15.49 per month for the Standard plan or $22.99 per month for the Premium plan.

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