Write what you are looking for and press enter to begin your search!
Live News
Netflix To Start Charging Password Sharing March 2023
By Alisha Alix|January 27, 2023|0 Comment
The video streaming giant Netflix has announced that it will crack down on password sharing by the end of March 2023. The company revealed its plan in the latest shareholder letter revealing its Q4 2022 results.
In the letter, Netflix stated that widespread password sharing undermines its long-term ability to invest, improve, and build its business. In addition, the company will add a new feature for paid password sharing in many countries, the ability for users to review which devices are using their account and to transfer a profile to a new account.
The streaming service acknowledged the negative impact of the plan to crack down password sharing will likely lead to “near-term engagement, as measured by third parties like Nielsen’s The Gauge”. In efforts to improve growth, Netflix will also launch a lower-priced ad-supported plan, stating the move has driven “incremental membership growth.”
“We believe we have a clear path to reaccelerate our revenue growth: continuing to improve all aspects of Netflix, launching paid sharing, and building our ads offering,” the company said.
We are not sure how this will pan out for Netflix as several users have voiced out on social media to start boycotting Netflix’s plan and some are not confident with how successful the outcome will be.
What do you think of Netflix’s next move? Let us know in the comments below.
By Alleef Ashaari|January 12, 2023
Publisher Nordcurrent has revealed that the upcoming RPG Greedventory developed by Ukrainian studio Black Tower Basement is set to arrive on Steam on ...
By Team KKP|December 23, 2017
The lead writer and senior designer for lore and story in Overwatch, Michael Chu broke down the background stories of each Overwatch hero for Wired.co...
By Mr Toffee|June 13, 2022
Tecmo Koei and Xbox has announced an upcoming action game called Wo Long: Fallen Dynasty. I don't know about you guys, but I'm getting a Nioh vibe fro...
By Team KKP|October 29, 2024
By Kenn Leandre|October 25, 2024
By Mr Toffee|October 24, 2024
By Team KKP|October 21, 2024
By Lewis "lickety" Larcombe|September 18, 2024
By Alisha Alix|August 20, 2024
By Alleef Ashaari|July 17, 2024
By Team KKP|July 1, 2023
By Alleef Ashaari|August 2, 2021
By Alleef Ashaari|February 9, 2022
By Team KKP|October 29, 2024
By Kenn Leandre|October 25, 2024
By Mr Toffee|October 24, 2024
By Team KKP|October 21, 2024
By Lewis "lickety" Larcombe|September 18, 2024
By Alisha Alix|August 20, 2024
By Alleef Ashaari|July 17, 2024
By Team KKP|July 1, 2023
By Lewis "lickety" Larcombe|November 5, 2024
By Team KKP|October 29, 2024
By Kenn Leandre|October 25, 2024
By Mr Toffee|October 24, 2024
By Team KKP|October 21, 2024
By Lewis "lickety" Larcombe|September 18, 2024
By Alisha Alix|August 20, 2024
By Alleef Ashaari|July 17, 2024
By Team KKP|July 1, 2023
Copyright @ Kakuchopurei 2024