Netflix will start charging for password sharing in 2023.
According to the Wall Street Journal, the move aims to crack down on the reported 100 million Netflix users who use passwords shared by family and friends to help curb its recent loss of subscribers.
The streaming service will reportedly charge an additional USD $3 or Php 165.76 (USD $1 = Php 55.25) for users who use shared passwords.
As per Netflix policy, accounts are only supposed to be shared by users residing or living in the same house or location. However, this rule has largely been bypassed by many users prompting Netflix to contemplate and implement measures such as its “add a home” feature or the aforementioned password-sharing fee.
The fee is slated for release in the US in early 2023. No official reports of when the additional charge will come over to the Philippines have been released, but it would be safe to assume that it will also roll out on Philippine shores in the same year.
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