Netflix Password-Sharing Crackdown Widens, and It's Pricier Now

From CNET: Netflix has kicked off its password-sharing crackdown, rolling out new fees in four countries -- Canada, New Zealand, Portugal and Spain -- that charge accounts for sharing their membership outside one household.

And the price is higher than it was in the initial tests.

The company, the world's biggest subscription streaming service of its kind, has been promising investors for months that it would roll out the initiative widely. But it comes after years of being lax about password sharing, with Netflix once tweeting "love is sharing a password" and founder Reed Hastings explaining in 2016 that he loves when people share Netflix.

But last year Netflix started testing ways to "monetize account sharing" after recording its deepest subscriber losses in a decade. With more than 230 million subscribers worldwide, Netflix believes more than 100 million accounts are sharing.

View: Full Article