Netflix Is Experimenting With Charging A Fee For Account Sharing

Netflix said on Wednesday that it is experimenting with a cost for members who share their accounts with persons who do not reside in their houses. The US-based streaming service has traditionally been casual about users sharing passwords with relatives or friends, but its stock recently plummeted following quarterly data that indicated slowing membership growth.

Meanwhile, competition in the streaming television industry has increased, notably from Disney+, and the expense of producing sought original series has risen as well. Netflix will begin providing members in Chile, Costa Rica, and Peru the opportunity to add up to two individuals to “sub-accounts” for a monthly price of $2 to $3 in the coming weeks, according to Netflix’s product innovation director Chengyi Long.