- Netflix Inc (NFLX.O) laid out plans to crack down on password sharing for accounts on its streaming platform.
- Members on Netflix's standard or premium plan in many countries can add an extra member sub account for up to two people for an extra C$7.99 a month per person in Canada, NZD$7.99 in New Zealand, 3.99 euros in Portugal, and 5.99 euros in Spain.
- Netflix lost subscribers in the first half of 2022 amidst stiff competition from rivals, prompting it to look more seriously into password sharing and launching an ad-supported plan.
Netflix lays out plans to crack down on account sharing
Netflix Inc. lays out plans to crack down on account sharing. Members can now easily manage who has access to their account and transfer profile to a new account for an extra fee per month per person.