Netflix Could Soon Make You Pay Up For Sharing Passwords With Family And Friends

Netflix might force you to fork up extra cash if you happen to share passwords with family and friends.

If a pandemic and the potential prospect of WWIII isn't enough...we're now faced with this.

Okay, perhaps a slight overreaction there, however, it seems the streaming giant isn't messing around, having issued a statement today (16 March), explaining its actions.

It plans to introduce two new test features aiming to avoid the 'confusion about when and how Netflix can be shared'.

PEXELS

The two options are: 'Add an extra member', and 'Transfer Profile to a New Account'.

In the statement, Netflix said: "Members on our Standard and Premium plans will be able to add sub accounts for up to two people they don’t live with – each with their own profile, personalised recommendations, login and password – at a lower price: 2,380 CLP in Chile, 2.99 USD in Costa Rica, and 7.9 PEN in Peru.

"Members on our Basic, Standard, and Premium plans can enable people who share their account to transfer profile information either to a new account or an Extra Member sub account – keeping the viewing history, My List, and personalized recommendations.

"We recognize that people have many entertainment choices, so we want to ensure any new features are flexible and useful for members, whose subscriptions fund all our great TV and films.

"We’ll be working to understand the utility of these two features for members in these three countries before making changes anywhere else in the world."

PEXELS

Well, if that wasn't enough, last week (10 March), Netflix announced that it's raising prices for all of its subscriptions.

The streaming platform released a statement confirming that customers would be paying more every month.

Basic and standard plans are going up by a £1 to £6.99 and £10.99 respectively, while premium tiers will go up by £2, taking it to £15.99.

A spokesperson for the company said: "We have always been focused on providing our members both quality and clear value for their membership. 

"Our updated prices reflect the investment we have made in our service and catalogue, and will allow us to continue making the series, documentaries and films our members love as well as investing in talent and the creative industry.

"We offer a range of plans so members can choose a price that works best for them."

In response to the changes, LADbible polled its readers to see if they planned to cancel their subscription to the popular streaming service.

We asked on Twitter: "Will you be cancelling your Netflix subscription as a result of the rise in prices?"

Out of 11,268 votes, 48.5 percent said they would cancel their subscriptions, compared to 51.5 percent who said they would not.