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After sticking to only subscription-based plans for a long time, Netflix is currently considering rolling out an ad-supported subscription package for its consumers. The company expects to streamline and nail down the ad-supported services in the next two years.
This year, Netflix has been raising its prices again across the world, with the most recent price hikes hitting Europe. Now, Netflix will be looking to charge some users extra, as the streaming giant has begun cracking down on account sharing, claiming that as many as 100 million households aren’t paying. Alongside the company’s recent …
If you're thinking What's the big deal, doesn't everyone do that? you certainly do have a point. Analysts estimate that the streaming service loses over $6 billion a year due to account sharing.
The company has launched a test in several markets
Netflix said it is testing charging subscribers an additional US$2 to US$3 to subscribers who share their accounts with people outside their home as it looks to counter slowing growth.