Netflix is removing its cheapest ad-free plan: What to know

(NEXSTAR) — Netflix users taking advantage of one of the streaming service’s most affordable plans will soon have to decide between a cheaper ad-based plan, or a far more expensive plan without ads. 

During a call with investors last week, Netflix confirmed it will phase out its Basic tier in the U.S. and France. 

The Basic plan was previously the most affordable Netflix tier, available for less than $10 before a price hike in fall. Subscribers could access Netflix's full library...