Netflix cracks down on password sharing

Streaming pioneer Netflix is making a business decision by limiting accounts to just one household thus putting an end to password sharing.

READ MORE: Netflix password sharing will now cost $7.99 in Canada

Tech expert Marc Saltzman says Canadians could continue to share their account with others but it’ll come at a cost. “…Netflix was growing in popularity they were increasing market share up to about 250 million users worldwide but it’s estimated that about 100 million out of those accounts are from those who are not paying its password sharing and losing to the tune of $7 to $8 billion a year.”

Only premium members can add 2 more accounts. With premium priced at $20.99/month and each additional account at $7.99/month that’s just under $37/month.

The streaming landscape has changed with Disney+, Crave, Amazon, and sports streams racking up consumers’ bills which have forced some to delve into the illegal market.

READ MORE: Freeland responds to ‘tone-deaf’ comments about cutting Disney+ subscription

If you are one of what seems to be many Canadians who are dropping Netflix in favour of other streaming platforms, sources with CHCH News say that almost every other service could soon be following in Netflix’s footsteps when it comes to blocking password sharing.