Netflix has long sought to outlaw the password-sharing industry. The sharing of passwords with individuals outside the home will no longer be permitted by Netflix starting the following year. Cracking password sharing is one of the innovative strategies Netflix is attempting to use to grow its member base.
There is terrible news for you if you share your Netflix account password with friends and coworkers. The streaming platform has long attempted to outlaw the password-sharing industry, and reality is just around the corner. The sharing of passwords with individuals outside the home will no longer be permitted by Netflix starting the following year.
A report from The Wall Street Journal claims that beginning in early 2023, Netflix subscribers won’t be allowed to share their account credentials with friends or anyone else outside their homes. Since several months ago, Netflix has looked at several options to stop the password-sharing industry.
Since Netflix started offering memberships, password sharing has been a problem, but the corporation only solved it once it began losing customers. After Netflix’s revenue fell early this year and the platform lost members for the first time in ten years, the firm saw the necessity to stop password sharing. Reed Hastings, the CEO of Netflix, stated earlier this year that the business would soon take action against password sharing, as it has been overdue.
Netflix will soon remove the ability to exchange passwords with anybody outside the home. Netflix may impose a per-person fee to combat free password sharing. If you provide your Netflix login to someone outside your family, they will have to pay the price to access the profile. Therefore, using a friend’s Netflix account will only be possible if you pay.
Several Latin American nations, including Costa Rica, Chile, Peru, and others, have been participating in Netflix’s testing of the new password-sharing feature. The streaming service in these regions charges $3 (about Rs 250) for users who want to access a friend’s Netflix account. The corporation hasn’t said how much it would charge per head in India, but the price should be almost the same as in other countries. To enforce the new password-sharing rule, Netflix will monitor account activity, IP addresses, and device IDs.
Cracking password sharing is one of the innovative strategies Netflix is attempting to use to grow its member base. The business just launched a new low, ad-supported plan for $6.99 in the United States to draw customers who want to spend less for a Netflix membership.
The four Netflix plans available in India are the mobile-only plan, the basic plan, the standard plan, and the premium plan. The primary, standard, and premium plans are priced at Rs 199, 499, and Rs 649, respectively, while the mobile-only plan costs Rs 149.
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