![]() ![]() In April 2022, Netflix had reported to shareholders that it was losing subscribers for the first time in 10 years, and pointed to account password sharing as part of the problem. Netflix is also introducing an account transfer service, where those who had a profile on someone else's account can move their profile and retain all their viewer data, but have to sign up for their own subscription. ![]() ![]() The move follows a pilot of those charges in Peru, Chile and Costa Rica earlier this year, in which Netflix subscribers were charged 2,380 Chilean pesos ($3.36 CAD), 7.9 Peruvian sol ($2.72 CAD) and about 1,816 in Costa Rican Colones (around $4 CAD) for each additional member, with a maximum of two additional members per account. In its update to shareholders on Oct.18, Netflix said it will go ahead with plans to “monetize account sharing” and the primary account holders can create sub-accounts for “extra members” if they “want to pay for family and friends.” The streaming giant has signalled that, beginning in early 2023, it will launch a crackdown on those sharing their account with multiple people and implement charges for extra users outside of the primary account holder. The era of being able to share a Netflix account with multiple people, whether it be family members or ex-partners, will be coming to an end soon.
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