Netflix unveils strategies for preventing password sharing

Netflix unveils strategies for preventing password sharing

Technology

Ready to roll them out starting today in Canada, New Zealand, Portugal, Spain, video streaming giant

(Reuters) - Netflix unveiled strategies for preventing password sharing for accounts on its streaming service including the establishment of a main location and the payment of a few dollars for each additional user.
The video streaming giant claimed that users could now simply control who has access to their account, move their profile to a new account and still effortlessly watch Netflix on their own devices or log into a new TV. It is believed that 100 million people worldwide use a shared account.
As a result over the past year the company has been investigating various approaches to address this issue in Latin America. Now that they are ready the company said in a blogpost, "We're ready to roll them out more broadly in coming months starting today in Canada, New Zealand, Portugal and Spain."
For an additional C$7.99 per month per person in Canada, NZD$7.99 in New Zealand, 3.99 euros in Portugal and 5.99 euros in Spain, the Netflix standard or premium plan subscribers can add an extra member sub-account for up to two persons, the firm said.
Due to fierce competition from competitors the firm experienced a drop in subscribers in the first half of 2022 which led it to more seriously consider password sharing and provide an ad-supported plan.