Netflix is cracking down on password sharing by charging $8 per month for users who live outside of the account holder’s household. This new policy is currently being rolled out in the United States, and it is expected to be implemented in other countries in the coming months.
Netflix subscribers
Stream subscribers who are currently sharing their accounts with users outside of their household will be able to transfer their profiles to a new account or add an additional member for $8 per month. However, subscribers who do not want to pay the additional fee will need to create their own account.
Platform is implementing this new policy in an effort to reduce password sharing and increase revenue. The company estimates that over 100 million people around the world are using Platform passwords that they do not own. This practice costs Netflix billions of dollars in lost revenue each year.
The new policy is likely to be met with some resistance from Netflix subscribers. However, the company is confident that the majority of subscribers will understand the need for the change.
Netflix is a subscription-based service, and the company needs to find ways to generate revenue in order to continue to produce high-quality content.
Here are some tips for platforms subscribers who are affected by the new password-sharing policy:
If you are currently sharing your account with users outside of your household, you can transfer your profiles to a new account or add an additional member for $8 per month.
If you do not want to pay the additional fee, you can create your own account.
If you are having trouble transferring your profiles or adding additional members, you can contact Netflix customer support for assistance.
Netflix is committed to providing its subscribers with the best possible experience. The new password-sharing policy is a necessary step in order to ensure that the company can continue to produce high-quality content.
Also, read more about the 6 steps to monetize your website.
