Netflix to Charge Additional Fees to Those That Share Their Account With Others

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Netflix has announced that they will charge an additional fee to those users who opt to share their accounts with people from other households.

A few days after increasing the price of their subscription packages in the United Kingdom by up to two pounds per month, Netflix announced that for the time being this new policy will be implemented on a trial basis in Chile, Costa Rica and Peru.

“When a device outside of your household signs in to an account or if an account is accessed persistently from a location outside of your household, we may ask you to verify that device before it can be used to watch Netflix,” said Netflix.

“We do this to confirm that the device using the account is authorized to do so,” they added.

The US-based steaming service has long taken a relaxed approach to users sharing passwords with family or friends, but recently saw stock dive on quarterly results that showed cooling subscriber growth.

It should be noted that Netflix has over 222 million subscribers around the world, but the number of new users has not increased as much in recent months, with the popular streaming company trying to find new ways of making a profit.

Things are not looking better for the first quarter of 2022, with the most recent Netflix earnings report saying the firm expected to add only 2.5 million subscribers.

Most of the 8.3 million subscriptions added at the end of last year came from outside North America, according to the streaming service.

Netflix recently announced subscription price bumps in the United States, with the basic option now costing $9.99, and the most expensive going up to $19.99.

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