Netflix will charge “extra user” fees next year Netflix will begin charging “extra user” fees in the first quarter of next year
We all anticipated its arrival. The next phase of Netflix’s months-long assault on password sharing will shortly commence, following the company’s first quarterly subscriber decline in a decade. The company revealed during its quarterly results call on Tuesday that effective in early 2023, customers who share their login credentials would be charged an additional monthly price.
Netflix will charge “extra user” fees next year
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This is an expansion of a test program now running in Latin America that charges additional costs for “extra user” subaccounts, or individuals outside of your immediate home that use the service using your login information. Essentially, every listing on the “Who’s Watching?” page that does not reside with you will incur additional fees.
The announcement comes as Netflix strives to return to growth and appease investors after announcing earlier in the year that it had lost subscribers. In its third quarter, the firm added more than 2.4 million members thanks to Monster: The Jeffrey Dahmer Story and Season Four of Stranger Things.
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Netflix has not yet disclosed the cost of the punitive fees, but if they follow the pilot program’s “one-quarter of the base rate” pricing plan, it will likely be between $3 and $4. Netflix introduced on Monday an account migration tool that will transfer a user’s subaccount data (viewing history, recommendations, etc.) to their new, independent subscription for individuals who wish to avoid these fees.
Additionally, the firm recently revealed a cheaper, ad-supported tier that would cost $7 per month when it begins on November 3rd. By November 10th, the new layer will be accessible in a dozen countries, including the United Kingdom, Canada, and Mexico.
Netflix will start charging “extra user” fees beginning in the first quarter of 2019.
We all looked forward to its arrival. Following the company’s first quarterly subscriber decrease in a decade, the next phase of Netflix’s multi-month assault on password sharing will continue shortly. During Tuesday’s quarterly earnings call, the business disclosed that beginning in early 2023, customers who share their login credentials will be charged an extra monthly fee.
This is an enlargement of a test program now operating in Latin America that charges additional fees for “extra user” subaccounts, or those outside of your immediate household who use the service with your login credentials. Essentially, you will suffer additional expenses for every listing on the “Who’s Watching?” page that does not belong to you.
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After reporting earlier in the year that it had lost customers, Netflix is attempting to return to growth and satisfy investors with this news. Due to Monster: The Jeffrey Dahmer Story and Season Four of Stranger Things, the company gained over 2.4 million new subscribers in the third quarter.
Netflix has not yet published the cost of the punitive fines, but if they adhere to the pilot program’s “one-quarter of the basic rate” pricing structure, it would likely range between $3 and $4. On Monday, Netflix announced an account migration tool that will transfer a user’s subaccount data (viewing history, suggestions, etc.) to their new, independent subscription if they wish to avoid these fees.
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In addition, the company just announced a cheaper, ad-supported tier that will be available on November 3 for $7 a month. The additional layer will be accessible in twelve nations by November 10, including the United Kingdom, Canada, and Mexico.