The end of the old year and the beginning of the new year are when a lot of decisions are made, be it updates or changes in customer service and benefits…. Streaming giant Netflix has announced that it will discontinue password sharing at some point in the days or weeks after December 31, 2022.
Surely this makes you unable to wonder when it is highly likely that you will have to pay for a movie account and cannot share it with many people anymore.
Netflix has gone through many ups and downs in recent times
Of course, the streaming platform for movies and other entertainment has done well during the pandemic. However, 2022 was not an easy year as a large number of subscribers unsubscribed in the first quarter of 2022.
The biggest reason could be that the amount of time people spend at home is decreasing, and the rest of the users seem to be more inclined to share their accounts with a few others to reduce costs.
Therefore, one of Netflix’s strategies to increase its subscriber count most clearly is to end the password sharing feature. Maybe Netflix will ban sharing accounts with multiple people entirely, or maybe users will need to pay to do so, and case 2 will be more likely.
This toll scheme has been tested in Latin American countries
The Netflix version in Latin American countries has begun testing the feature with processes that involve authentication codes on login pages or options to add a second user to the account.
This option of Netflix is also not the first and only thing that they have done recently to increase the number of new subscribers when in November this online platform launched a registration account form containing advertising at a lower cost. However, it seems that the reports and numbers over the past 1 month show that users have not liked the offer much.
We will not discuss the quality of Netflix’s programming because it is clear that Netflix has many exclusive, good and quality shows. For Vietnamese brothers, watching Netflix is now quite popular and so is sharing accounts with friends.
There are many interesting children’s programs, great movies with clear pictures and quality translations that are watched daily… making many people willing to pay for a new package if the features are shared. be discontinued or even have to pay to do so, and so Netflix has a very bright door.