Netflix To Start Charging Password-Sharing Fees in 2023

Netflix password sharing among your friends will be no more starting next year, unless you're willing to pay an extra fee.

The news was shared during the company's recent quarterly business update for investors. "We're trying to come up with a range of options that supports customer choice," Netflix chief product officer Greg Peters said. In simpler terms, if you want to continue sharing your password with those outside of your household, the streaming service will charge you an additional fee on top of your usual subscription price.

So far, all we know is that the change will occur sometime in early 2023 and that Netflix has already implemented this feature in a few different countries, including Chile, Costa Rica and Peru.

Stay tuned for more updates.

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