Telly, a startup led by a co-founder of Pluto TV, is taking a novel tack in promoting its dual-screen smart TV sets. After emerging from a 24-month stealth period, the company says it will offer its first 500,000 mass-produced models for free to consumers when they start shipping this summer. Ilya Pozin, founder and CEO
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Netflix’s landmark entry into ad-supported streaming, which began last November, is off to a “solid” start and will soon bring in at least $3 billion in annual revenue, executives said. “The hardest step is that first step as you’re crawling,” Co-CEO Greg Peters said during the company’s fourth-quarter earnings interview. Netflix’s decision to offer a