- Netflix published its fourth-quarter earnings report on Thursday.
- The report reveals that the company is ready to start cracking down on password sharing.
- People who share passwords with those they don’t live with will have to pay extra.
The age of sharing Netflix Passwords with friends and family for free will expire soon. The company revealed that it plans to crack down on freelancers starting in the first quarter.
Netflix has shared a file Fourth quarter earnings report On Thursday, the company revealed subscription numbers that exceeded previous expectations. Despite the positive subscriber count, the company also used the report to follow up on its anti-password sharing warning.
“Later in the first quarter, we expect to begin rolling out paid sharing more broadly. Account sharing at scale (over 100 million households) undermines our long-term ability to invest in and improve Netflix, as well as build our business,” Netflix said. While we’re rolling out paid sharing, members in many countries will also have the option to pay extra if they want to share Netflix with people they don’t live with.”
If you didn’t know, Netflix is already testing a paid sharing model, rolling it out in countries like Argentina, Honduras, El Salvador, Guatemala, and the Dominican Republic. However, the next installment in Q1 2023 will see the paid participation model expand globally, either forcing users to create their own accounts or paying a little extra to participate.
During the testing phase of the paid sharing model, Netflix users will set up a basic dwelling. If you want a secondary residence, users in Argentina have to pay $1.70, while other countries paid $2.99. The number of residences you can add depends on your subscription plan; Basic gets one stay, Standard gets two, and Premium gets three.
There is no mention of what users will pay for the paid post. But if the global version of the model is similar to our test, users can probably expect to pay between $1.70 and $2.99 in addition to their current plan.