Netflix's crackdown on password sharing begins in Canada, New Zealand, Portugal, and Spain

Netflix’s crackdown on password sharing begins in Canada, New Zealand, Portugal, and Spain

The streaming pioneer isn’t hesitant about explaining why. As it has stated in the past, Netflix argues account sharing is affecting its bottom line. According to product director Chengyi Long, the 100 million-plus families sharing accounts are “impacting [Netflix’s] ability” to invest in new content. Paid sharing, in principle, increases the company’s income without requiring impacted consumers to pay full price for a fully separate account.