Netflix expected to crack down on password sharing

Nation/World
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Data pix.

NEW YORK — Netflix is looking to crack down on sharing account passwords in the future.

The streaming service announced the plans during a quarterly earnings call. Netflix's product chief Greg Peters says the company is aware users share their information.

Netflix currently limits the number of devices that can stream from one account.

Nearly 10% of Netflix users don't pay for their accounts, according to a survey conducted by CNBC. Of that number, about 35% of Millennials share passwords — that's compared to 19% of Generation X, and 13% of Baby Boomers.

Magid reveals that of Netflix's 137 million customers, 13.7 million are not paying the monthly subscription, which equals about $135 million in missed sales for Netflix each month.

Netflix currently has three different plans: $8.99 for the basic plan, $12.99 for the standard plan and $15.99 for the premium plan.

Let’s connect! Follow the CW39 Houston on YouTubeInstagramFacebook and Twitter.

LATEST VIDEO

Protestors Make Signs for George Floyd Rally

Thumbnail for the video titled "Protestors Make Signs for George Floyd Rally"

Search resumes at San Jacinto River for missing ATV rider

Thumbnail for the video titled "Search resumes at San Jacinto River for missing ATV rider"

Local hospital increases COVID-18 testing capabilities

Thumbnail for the video titled "Local hospital increases COVID-18 testing capabilities"

Phase 3 of Reopening Texas

Thumbnail for the video titled "Phase 3 of Reopening Texas"

TX Gov. Greg Abbott Announces Phase III Reopening

Thumbnail for the video titled "TX Gov. Greg Abbott Announces Phase III Reopening"
More Video

Days

Hours

Minutes

Seconds

Latest Weather Forecast

More Weather

Don't Miss

Latest

More Morning Dose

Popular