Netflix to Begin Crackdown on Password Sharing with Extra Fees

Netflix announced that its long-promised crackdown on password sharing will begin in the coming months, with members who share accounts with people outside their household facing extra fees. The move aims to boost subscribers and has been trialed in some countries but not yet rolled out in the UK or US. The streaming giant is looking for ways to re-ignite growth after shedding more than one million subscribers in the first half of 2022. It has introduced a less expensive streaming option with ads and cut prices in 116 countries to entice more sign-ups. The paid sharing program, trialed in some countries last year, will be expanded, with the company estimating that more than 100 million households share passwords in breach of its official rules.