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YahooOctober 21, 2026 at 4:30 PM NY5 Days Ago

Billionaire Bill Ackman Says Netflix Told Him 'We're Never Going to Do It' on Ads, Then Announced an Ad Model 'Literally 3 Weeks' Later Costing Him $400 Million

Ackman was caught off guard when Netflix told him it wouldn't pursue an ad-supported model, only to launch one a few weeks later.

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