Thursday, August 11, 2022

Netflix starts to charge for sharing passwords in 5 countries

Netflix has been against sharing passwords for a long time. And it is possible that the streaming service will soon put an end to the practice. Five Latin American countries are now taking part in a trial of the popular streaming service’s new payment system for the exchange of passwords.

Users who want to use one Netflix account in multiple homes at the same time are using this strategy to make more money for Netflix. So far, only El Salvador, Guatemala, Honduras, and the Dominican Republic are testing the upgrade. Argentina, El Salvador, Guatemala and El Salvador. Customers who live in these states and use their accounts outside of their main location for more than two weeks have to pay an extra fee.

The change to the web site’s navigation menu will not affect smartphones, tablets, or laptops. The new rules won’t affect people who have already set a vacation. Also, Netflix sharing passwords in Argentina will cost $1.7, but it will cost $2.99 everywhere else (including the United States).

Read more: You can now buy things in Instagram chats

Netflix says that its slow growth is due to the fact that more than 100 million. People are using accounts they haven’t paid for. In the first three months of 2018, the streaming service lost 200,000 users. But that number is likely to go back up to 2 million in the next three months.

The stock price of the company has dropped by more than six-fifths of a percent. Because investors are worried about the platform’s reliability.

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