Netflix password sharing to end soon: All you need to know

 

Netflix, an American subscription video-on-demand over-the-top streaming company, will reportedly begin cracking down on password sharing. The company has also announced that it will roll out its new paid password-sharing option by the end of the first quarter (Q1) of 2023.

In the company's earnings report, Netflix announced that password-sharing would be made unavailable for users early this year. It would restrict the simultaneous use of Netflix accounts beyond households.

Netflix reportedly said in the report, "While our terms of use limit the use of Netflix to a household, we recognize this is a change for members who share their account more broadly.”

Reportedly, Netflix subscribers will have the option to pay an extra amount if they want to share Netflix with people they don’t live with. However, all members can still watch Netflix while traveling on any device.

In October 2022, Netflix announced the 'Profile Transfer' feature to prevent password sharing.  With this feature, a person can transfer their Netflix profile if they start their own membership.

Recently, Netflix founder and co-CEO (Chief Executive Officer) Reed Hastings announced that he would step down from his post at the company. He said that he would hand over the company’s management to co-CEO Ted Sarandos and chief operating officer (COO) Greg Peters.

Netflix reportedly added over 7.5 million subscribers in the December quarter. However, the company came under intense pressure after losing customers in the first half of 2022.

Recently, Netflix introduced an all-new interface and features to the iOS app. Under the new feature, big banners with the latest movies or TV series added to Netflix would pop up when a user opens the app. A Netflix spokesperson reportedly said, “We recently updated the Netflix iOS app with better visuals.” Former Netflix product designer Janum Trivedi also tweeted about the update.