ZeroHedge: The popular streaming service is planning to put an end to password sharing beginning in early 2023, according to The Wall Street Journal.
Netflix has been exploring ways to crack down on it for some time, and this is the first official notice that the changes will finally happen.
The company claimed that out of the 222 million households around the world with valid subscriptions, there were at least “100 million additional households” using their services via password sharing.
Households using Netflix through password sharing reportedly include more than 30 million households across the United States and Canada, Newsweek reported.
Netflix offers shared accounts with separate profiles and multiple streams in its plans, but only people living under the same roof apply.
The online media platform has been losing revenue for years to unauthorized password sharing, but it was willing to overlook the matter due to a surge in subscriptions over the past two years.
However, revenue has been falling since the start of this year, as it faces its first drop in subscribers in a decade.
The company has introduced fees for people sharing accounts not living in the same household in order to fight a decline in subscribers.
Subscription sharing has also made it more difficult for the company to expand its service and productions into new markets, according to the company. MORE
That looks like at least 30 million households who don’t want to support Netflix’s woke agenda. I wish it was that easy to opt out of paying taxes.
I was at my friends house and we watched Netflix using my account. You saying we can’t do that anymore?
Shoplift a TV, you walk free, but god forbid you try to watch something on it with with your friend’s password Is this a great country, or what?
Netflix has something on it worth watching? Doubtful.
Dumping NetFlix was fun, knowing they won’t get another penny from me is fun. I recommend dumping them.
Once again in an effort to force people to be more compliant ultimately forces them to be less compliant. You know what’s already criminalized? PIRACY. This will be a push for password sharing users to learn how to safely pirate shows not only from Netflix, but from all the big streaming services. It will result in not only Netflix losing revenue, but also Apple, Amazon, Disney, HBO, etc, etc. It shrinks the entire market. Not to mention piracy is much easier to aggregate shows from across all platforms without forced platform restrictions and the end user experience is much more convenient without fumbling all their stupid buggy apps.
“… losing revenue for years …”
Really?
Not getting something and losing something are NOT the same thing. They’ve “lost” nothing. Can’t lose what you don’t have.
I didn’t hit that recent $1 Billion Lottery – can I claim on my taxes that I “lost” $1 Billion? IRS would probably take a dim view of that.
There’s no guarantee that those (alleged) 30 million Americans would watch Netflix’s dreck if they had to pay.
Disingenuous at best – straight up lie, more likely.
mortem tyrannis
izlamo delenda est …
For the discriminating, NF has a lot of nature programs, documentaries, concerts, etc. that are really good.
No one’s forcing you to watch the woke bullshit, really.
Frankly, I have more of a problem with the faggotty ads for AIDS medications that have been getting increasingly graphic, but I don’t see them now that I don’t have cable anymore.
Tubi is free and has a lot of old westerns & classic movies, which are rotated on a regular cycle.
Steer clear of the Attenboro-narrated ones, though.
He’s a AGW moron who interjects that bullshit into everything.
They want to make criminals of everyone to control us with fear.
There is a lot of good shows on Netflix. Probably 75% of what I watch is on Netflix Prime or Hulu. But we stream everything through our Roku box, no cable, SatTV or over the air.
Would be interesting to see how much of their customer’s information Netflix sold or shared.
Now you know why they are so desperate to clear the murderers, rapists, drug dealers, robbers, and thugs out of jail.
They need the room for conservative peaceful protestors and people who share their Netflix passwords.
THAT’S how you save Muh Democraci.
/s
Netflix didn’t get anymore out of obama graft than the rest of the country did.
Dump NETFLIX since there isn’t anything worth watching on the broke busted disgusted thing.
I dumped Netflix as soo as rumors started tha obamination would be part of it!!
I don’t need any more of his crap.