Read: iPhone Offers: The dream of buying an iPhone will come true! Great offer on ‘Ya’ models with iPhone SE 12, see details
It was first used in Chile, Costa Rica and Peru. Where Netflix added a 2.99 surcharge on accounts that share their Netflix with someone else. And now Netflix is likely to apply to every region where it works. The decision came after it was revealed that Netflix had lost nearly 200,000 members in the first three months of the year. This is the first time in a decade and shockingly, the company is expected to lose another two million customers in the coming months.
In a letter to shareholders as part of its first-quarter revenue results in April, Netflix officials said nearly 100 million users had shared passwords with other accounts. So, despite Netflix’s 221 million paying subscribers, the actual number should be higher. Not only that, the streaming giant has also revealed that they are bringing in ad subscriptions by the end of 2022. This means users will get a lower Netflix subscription. It will contain commercial advertisements. Notably, Netflix’s content is ad-free so far. If the Password Sharing Policy is implemented, it will cost you more if your Netflix account is run by other users. You will have to pay the charge.
Read: Cyber Crime: Remember these 4 numbers, your work will come as soon as cyber crime occurs, see details
Read: Best Plans: Fun for users! Many can avail Unlimited Calls, Data, OTT Benefit in a single recharge plan
Read: Mobile Data: If the mobile internet is running out too soon, change the ‘this’ setting, the data will run a lot, see process