Netflix surprises everyone: it will no longer be possible to do this for subscribers

Revolution time for Netflix which changes the cards and gives new guidelines to all subscribers

As you know, Netflix has set up a low cost subscription for its customers which includes advertising. For the rest, the tariff plans remain unchanged except for a few small changes in the regulations.

Netflix (Facebook)

The streaming platform suffered a severe loss in the past few months, which made the company think hard to revise the pricing plans for a while. However, it was not until the third quarter of 2022 that it managed to recover 2.41 million members: more than double the expectations estimated by Wall Street. It is the Asia-Pacific region that causes the company to breathe a sigh of relief as it wants to do everything to provide the best service to its subscribers.

The decision is to take new steps that may improve its financial performance by recognizing that account sharing rates have changed. In particular, by revealing your credentials, we will incur additional costs: Netflix, like Spotify, is planning to introduce a family plan which only provides for sharing the account with their partners.

Netflix, irreversible measures: the ‘additional’ costs

The latest news on the entertainment giant (Via WebSource)

According to the latest, it looks like the streaming platform is ready to charge a premium for everyone who shares the account. From the beginning of 2023, in fact, Netflix will detect shared accounts and on the invoice there will be the element ‘additional members’ which will be an additional cost for each connected account that is not part of their cohabitants. In all likelihood, the streaming platform will request access to the location the moment you use it. This means that it will no longer be possible to share accounts with friends who do not live together.

It’s a necessary choice on the part of Netflix which needs to recover from some losses it suffered in the previous months, which it is clearly recovering from. Will this maneuver help reduce piracy? Hard to think, especially if you think of third-party platforms that offer the exact same service for free.