Illustration by Alex Castro / The Verge
Netflix plans to crack down on password sharing beginning in 2023. After giving users the ability to transfer their profiles to new accounts, the streamer says it will start letting subscribers create sub-accounts starting next year in line with its plans to “monetize account sharing” more widely.
This is part of Netflix’s earning results today, which says the company added 2.4 million subscribers this quarter as the streaming service looks to launch its ad-supported tier next month and clamp down on password sharing. The streamer says it has grown by 104,000 paid subscribers in the US and Canada over the last three months, up from 73,000 in the same period last year, and says it remains committed to the “bingeable release model.”
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