American subscription streaming service and production firm, Netflix, has announced its plans to start assessing costs for password sharing in the upcoming year.
According to HYPEBEAST, Netflix confirmed the information at its just concluded quarterly earnings conference, stating that its users will be charged extra if they share their account password with people who do not live in the same house with them.
When the proposal was confirmed on Tuesday, October 18, the corporation omitted the price of these proposed new levies.
Meanwhile, Netflix has begun this approach in a few Latin American nations and is already charging a fee for each additional member equal to around one-quarter of the cost of a regular/normal Netflix membership.
Password sharing has also been regulated in Chile, Colombia, Ecuador, and Peru respectively.