Friday, April 12, 2024
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Streaming giant Netflix is reportedly planning to put an end to its password sharing feature in early 2023.

Previously, there were rumours about the end of password sharing, but the changes are set to officially go into effect next year, some reports suggest.

Netflix has long been aware that password sharing is a problem that negatively affects its earnings, but the rise in subscriptions in 2020 led the company to avoid addressing the issue.

Because of the revenue downfall this year and the platform`s first subscriber loss in 10 years, Netflix CEO Reed Hastings decided it was time to take action on the issue.

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