By James Scott/ DEC 22, 2022

Early 2023 Will see Netflix Start to Crack Down on Password Sharing

According to a recent Wall Street Journal story, popular streaming service Netflix intends to ban password sharing beginning in early 2023.

Netflix 

Although there have been continuous claims that password sharing is dead and Netflix is looking into ways to stop it, the changes are scheduled to take effect formally in 2019.

Netflix 

Although Netflix has long been aware that password sharing hurts its bottom line, the rise in subscriptions in 2020 has allowed the business to put off dealing with the issue.

Netflix 

Netflix CEO Reed Hastings determined it was time to address the problem because it had been postponed for too long. This year, income was down, and Netflix had its first subscriber drop in ten years.

Netflix 

Netflix wants to start charging anyone who shares accounts with persons outside of their household beginning in 2023. In select Latin American nations, Netflix has been trying add-on password-sharing fees that cost an additional $3.

Netflix 

In these nations, anyone outside the family wishing to access the account must obtain a verification code from the principal account owner. Until a monthly charge is paid to add non-household subscribers, Netflix keeps asking for the code.

Netflix 

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