After years of users sharing their Netflix passwords freely, Netflix is now cracking down on profile-sharing.
Netflix informed shareholders in a letter that they will be launching a new service. “monetize account-sharing.”
The streaming giant will now be charging users for sharing their profiles. Users who have more than one account will also be charged an additional fee. .
Netflix promises that users will not lose their history, even though they can only create one account.
Users can transfer their profile from one account to another using the profile transfer option.
NetflixThis function is included “keeping the personalized recommendations, viewing history, My List, saved games, and other settings — when they start their own membership. “
If you have an account on another person’s account, and you wish to transfer your past, you will be notified by email that the function is available. You can then proceed with settings.
This streaming service was tested in Argentina, El Salvador and Guatemala over the summer.
Members were charged $3 to add another account during the test.
Netflix has also begun charging additional screens. If a TV is not used for at least two weeks, Netflix will block access to the service.
Netflix will offer lower-cost options for those who can’t afford to pay the additional fees for additional accounts.
Basic with ads, the lowest option, starts at $6.99 per month in the US.
This plan is less expensive than the $9.99 currently available, but it will still include about five minutes of advertising per hour.
To retain the option of no ads, users will need to pay the current price as well as an additional fee per user. “extra member.”
Netflix has yet to disclose the exact price for adding another member.