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Netflix Password Sharing: Netflix is facing law subscribers, due to which the company is ready to crack down on those American customers who share their accounts with others. The company will charge such customers. The streaming company is testing ways to reduce account sharing in Latin America, where it has rolled out plans to charge users for account sharing in four regions.
so many people do not pay
According to Netflix, more than 100 million people are using accounts for which they do not pay. Analysts suggest that pad sharing could become a potential source of new customers or sales. Originally planning to charge for password sharing in the US in the first quarter of 2023, the company now says it will do so much sooner in the coming months.
Why is the company bringing a new plan?
Netflix’s first quarter results for subscribers were below expectations. The company has not been able to live up to the expectations of the investors. Instead of 2.41 million, only 1.75 million customers have been connected. The reason for this is password sharing, but now the company is gearing up to cover this scattered raita. The company plans to accelerate its slow growth by launching two new initiatives: a password sharing plan and an advertising-supported subscription.
The company is considering the price
Netflix added only 1,00,000 customers in the US and Canada after losing about one million customers last year. However, it is still the most popular TV network in the US. Now the Asia-Pacific region remains the largest source of new customers for Netflix. The company is paying more attention to this. Netflix has said that the company is discussing the price of the subscription. We are considering low cost.
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