Netflix is the top streaming service at home and rightfully so! They provide some of the most watch series and your favorite movies. We all know someone or maybe you’re that someone that shares their password with others, so they can use your account. Everyone trying to save a buck here and there and Netflix is finally putting an end to that, unless you wanna pay extra!
Starting in 2023, they will start charging $3 for every extra account that pops up on your account. They want to cutdown on Password sharing. And rightfully so. They’re losing money and even though they make a ton of it, every cent they lose takes away from possible future shows or movies they can fund. This is the first “crackdown” since their first quarter loss of subscribers.
How will this work? It sounds like they’re tracking IP addresses. If you have subaccounts by users outside of your actual home, those users will be charged each $3. So anyone who is listed under your “Whos Watching?” screen is going to cost the original account holder extra money if they don’t live in your home.
Even though the company lost money from subscribers leaving the service, they’ve seen a surge in new subscribers because of shows like “Monter: The Jeffrey Dahmer Story” and the fourth season of “Stranger Things”. Netflix said they gained about 2.4 million subscribers.
We have more on this story and more in today’s Entertainment News!