We all already knew about Netflix’s plans to end account sharing. Now, we have concrete information about the measure that the streaming giant will launch in early 2023.
The information comes from the accounts report for the last quarter that Netflix published yesterday. Therefore, it will be next year that the company will charge an extra fee to all users who share their account with third parties.
If you share your account with third parties, be prepared to pay more for Netflix
At the heart of this measure is the sharp drop in subscribers that the company recently recorded. In order to win back customers and address the concerns of its investors, Netflix is redoubling its efforts to convert users of shared accounts.
In effect, Netflix will implement an extra fee for all users who share your account. The company states that this fee will be applied when an account shared with users from the same household is detected.
The company has not specified the applicable amount, although it is believed to be around a quarter of the base monthly fee. This means that we should expect values in the region of €3 or €4 above the usual monthly fee.
The application of this measure still raises some doubts, especially when Netflix says that it will be applied if an account is used outside the same house. It remains to be seen which scenarios will fit this condition.
To avoid this charge, Netflix this week announced the availability of a tool to migrate preferences to another account. All so that those who usually share an account can have their own account without losing their preferences.
The option will be available in the menu of your Netflix profile. There you will find the “transfer profile” option for a simple transition of your preferences and settings to a new account.
It is important to note that this transfer of preferences will only work for new accounts. You will not be able to migrate data to an existing Netflix account.