Netflix launches paid sharing in four nations.
Paid sharing, a new service of Netflix, is now accessible in Canada, New Zealand, Portugal, and Spain. The corporation believes that account sharing affects 100 million families worldwide. This action tries to remedy this issue.
Soon, Paid Sharing to Launch in the United States
Although Netflix has not yet provided a schedule for the introduction of paid sharing in other nations, rumors indicate that the option may be implemented in the US within the next weeks.
What Paid Sharing Is For
The Los Gatos-based business claims that account sharing has reduced their capacity to make investments in new programs. In order to solve this problem, Netflix has created paid sharing, which will let families share an account in exchange for a monthly charge.
Simple Account Sharing
The firm said in a blog post that with features like profiles and numerous streams, they have always made it simple for those living together to share their account. The uncertainty over whether and how to share a Netflix account is a result of this, though.
Monthly Charges Vary by Nation
Each nation has a different monthly rate for paid sharing; for example, Portugal charges 3.99 euros per month, while Canada charges 7.99 Canadian dollars.
Transferring viewing preferences and history
Users who have been using borrowed accounts may now transfer their watching habits and other preferences to a new, paid membership thanks to Netflix.
Gradual and Thoughtful Rollout
Netflix co-CEO Greg Peters said the business is taking a deliberate and steady approach to the deployment of paid sharing during a conference call with investors in January. He realized that some present members would be upset with this shift and that not everyone would be pleased with it.