If you’ve been generous with the sharing of your Netflix password, you’ll soon have to pay the price for it – literally!
The movie and series streaming service has shared news of its plans to charge subscribers more for every additional user on their plan
NETFLIX CHARGES FOR ‘EXTRA USER’
According to a notification issued to shareholders on Tuesday 18 October, Netflix revealed plans to charge additional fees for every “extra member”, starting in 2023.
Whilst no official word on where African Countries stand, Business Insider reports that the country is likely to follow suit in South American countries, where a Netflix “sub-account” is already in place for subscribers.
The publication also reports that the extra fee would equate to a fourth of the member fee.
ADS AS WELL?
Meanwhile, Netflix has revealed plans to roll out a cheaper subscription – if you’re happy to stream adverts before or during your movie or series.
According to reports, the new ad-supported plan – “Basic with Ads” – will come into effect on 3 November in various countries, including the US, Canada, Australia, Brazil, France, Italy, Germany, Japan, Korea, Mexico, Spain, and the UK.
For those who wish to continue their current ad-free subscriptions, the Basic, Standard, and Premium plans will remain in place.
Netflix’s monetising plans come after it disclosed it had lost “millions” of subscribers in the first quarter of 2022.
