Jul 19, 2022

Netflix expands plans to charge for shared accounts

Netflix is expanding its push to charge people for sharing accounts, as it looks for new ways to make money after years of massive growth. Its position as a global behemoth was cemented when the pandemic hit in 2020 and people, stuck at home with few other options for entertainment, flocked to its shows. Price hikes have prompted people in countries such as the UK to cancel subscriptions, while a raft of new competitors, like Disney, many of which used to sell their movies and television series to Netflix, tempt audiences in the US and elsewhere to switch. In March Netflix said it would charge households in certain countries such as Chile to add an "Extra member". People can edit their accounts to remove homes at any time, it said.

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