[Videos] Netflix Plans To Stop Users From Sharing Passwords By The End of March

We’ve heard for months including a report in the WSJ that Netflix would be cracking down and eliminating Password Sharing in Early 2023.

Netflix plans to ban users from sharing passwords for free by the end of March 2023.

In a a 4th Quarter earnings report Netflix revealed it would implement the paid sharing system across the platform in the latter portion of quarter one.

Netflix released a statement to sharholders “Today’s widespread account sharing (100M+ households) undermines our long term ability to invest in and improve Netflix. While our terms of use limit use of Netflix to a household, we recognize this is a change for members who share their account more broadly. So we’ve worked hard to build additional new features that improve the Netflix experience, including the ability for members to review which devices are using their account and to transfer a profile to a new account.”

The company noted that the new policy would likely lead to “near term engagement” being “negatively impacted” as some users stop consuming content on the platform due to the loss of a free account.

Do you share your passwords with friends and family and will this decision deter you from from the Netflix and Chill streaming service? What movies or series are you currently binge watching? Join the conversation on our social media pages.

Report via FOXBusiness

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