Netflix Wants To Charge You For Sharing Your Password & Users Have Zero Chill About It
Tell your mom, your friend and your ex-roommate!
Sharing your Netflix password might soon come at a price, so you might want to cut off your friend or get your own account before it happens.
Netflix is preparing to crack down on password sharing and it's testing out charges for people who share their account with others who aren't in the same household, Variety reports.
Netflix is experimenting with a US$2.99 fee for password sharing in Costa Rica, a charge of about US$2.98 in Chile, and about US$2.12 for Peru.
Netflix said they've "always made it easy for people who live together to share their Netflix account," but that accounts being shared between households is "impacting [their] ability to invest in great new TV and films," according to a statement from Chengyi Long, the company's director of product innovation.
"So for the last year we’ve been working on ways to enable members who share outside their household to do so easily and securely, while also paying a bit more," Long said.
The news comes after Netflix hiked its subscription price in February, and people on social media are losing their chill over the potential extra fee.
"After finding out #Netflix is yet again trying to get more money from us. I say #boycottNetflix is the next move," said one Twitter user.
After finding out #Netflix is yet again trying to get more money from us. I say #boycottNetflix is the next move.— K. (@K.) 1647482187
"Who else is about done with @netflix? If they continue down this road, I’m out," said another user.
"Nah, #Netflix, I’m not having this whole 'no password sharin without more $,'" another user wrote. "I’ve had my Netflix acct since forever. My son is now grown, but he’s still my frkn family, even if we don’t live under the same roof!"
"Netflix will lose a lot of customers if they do this password sharing crackdown they plan to do. Charging extra and crap. Especially when they don’t carry a lot of good content anymore like some of the other streaming apps," said one user.
Netflix's revenue was nearly US$30 billion in 2021, according to Statista. However, CNBC reported in January that the company's shares had fallen 20% due to a slowdown in subscriber growth.
Netflix said it will see how the test goes "before making changes anywhere else in the world."
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