Netflix Bans Password Sharing, Users Face Extra Fees
- Netflix is banning password sharing between households and will charge users $8 a month to continue account access.
- Netflix is using IP addresses and account activity to determine if someone is logging in from a different location.
- Netflix expects some cancellations but believes password borrowers will sign up for their own accounts and members will pay for extra users.
- Some longtime Netflix customers are angry about the new policy and threatening to quit or switch to competitors with more lenient rules.
- The crackdown could gain Netflix 36 million new subscribers but risks upsetting current customers.