Saturday, May 18, 2024
English English French Spanish Italian Korean Japanese Russian Hindi Chinese (Simplified)

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.

Subscribe

* indicates required

The Enterprise is an online business news portal that offers extensive reportage of corporate, economic, financial, market, and technology news from around the world. Visit to explore daily national, international & business news, track market movements, and read succinct coverage of significant events. The Enterprise is also your reach vehicle to connect with, and read about senior business executives.

Address: 150th Ct NE, Redmond, WA 98052-4166

©2024 The Enterprise – All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept