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Netflix Password Sharing Crackdown Coming Early 2023 -- Here's What To Expect

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The days of sharing a Netflix account for free seem to be coming to an end. Netflix said in its latest earnings report that starting in early 2023, sharing a Netflix account will incur an additional fee. Netflix management said it has found a “thoughtful approach to monetizing account sharing” and that it will roll out to more users next year following a pilot testing phase in some regions.

All the details of this plan are unknown at this time, so there is no word yet on how much it will cost or other details. However, Netflix confirmed that a profile transfer feature is also coming. For example, if you have a profile in your parent membership, you can transfer that profile to your new paid account. Or, if the Netflix subscriber in your life is generous enough to let you join their plan, they can create a “sub-account” to continue paying for that profile to stay active. However, the fee was not disclosed.

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Now playing: Before Your Eyes | Official Game Trailer | Netflix

This profile transfer feature will also apply to the new, lower-priced ad tier for Netflix, and the company said it expects the feature to be “particularly popular” among these members.

“People are moving. Families are growing. Relationships are ending. But throughout these life changes, your Netflix experience should stay the same,” Netflix said of the profile transfer feature.

Transferring a profile retains all viewing history, custom recommendations, saved games, and other settings.

Netflix has rolled out password sharing changes in some countries, including Argentina and Honduras. If the global rollout is similar to the testing phase, Netflix will charge password sharers a few dollars extra.

The reported 100 million Netflix accounts share passwords globally, so it could result in a huge amount of change if Netflix fixes this issue by charging members a few extra dollars. Netflix’s financial fortunes haven’t been very strong lately, and that’s one of the ways the company hopes to turn things around.

In a bit of positive news for Netflix, the company announced this week that it added 2.4 million new subscribers in the last three months, with projections to add millions more in the coming months. Netflix currently has 223 million subscribers worldwide.

Netflix with ads starts at $7 per month in November. Anyone considering subscribing can enjoy Netflix’s entire library. won’t be available in the ad tier, streaming is limited to 720p and content downloads are not allowed.

In other Netflix news, the company has 55 more video games in development and may launch a game streaming service.

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