Netflix Won’t Allow Sharing Password From 2023

If you own a Netflix account and share your account password with your friends and colleagues, there’s bad news for you.

If you own a Netflix account and share your account password with your friends and colleagues, there’s bad news for you. The streaming platform has been trying to crack down on the password sharing business for some time and it seems it’s going to be a reality soon. Netflix is trying new ways to increase its subscriber base and cracking password sharing is one of them. According to a report, from early 2023, Netflix users will not be able to share their account passwords with friends or anyone outside their household. Password sharing has been an issue ever since Netflix launched subscriptions, but the company didn’t address it until it lost subscribers. The company realised the need to end password sharing after Netflix’s revenue fell earlier this year and the platform lost subscribers for the first time in the last 10 years. Earlier this year, Netflix CEO Reed Hastings said that soon the company will crack down password sharing, which has long been due. if you share your Netflix password with anyone the person will need to pay a fee to use the profile. So, there will be no way one will use their friend’s Netflix profile without paying.

Netflix has been testing the new password sharing option in some Latin America countries, including Costa Rica, Chile, Peru, and some more. In these markets, the streaming platform is charging $3 (Rs 250 approx) for people who wish to use their friend’s Netflix account. The company hasn’t revealed how much it will charge per head in India, but we believe the amount should be almost as per the global pricing.Netflix will enforce the new password sharing rule through IP addresses, device IDs, and account activity. Aren’t you sad after listening to this? What do you think about this news? Do mention your thoughts in the comment section below.

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