Surcharge will have to be paid so much – Netflix has been testing the password share policy for a long time. For this, Netflix has started testing in Chile, Costa Richa and Peru where the company is charging a surcharge of $2.99 from users sharing the password of Netflix account. At the same time, experts say that by the end of the year, Netflix will implement this policy all over the world.
Netflix suffered a big loss due to the new policy – The company has suffered a lot in the first three months of the year after the announcement of Netflix’s new password sharing policy. Netflix has lost about 2 lakh users worldwide between January and March, which may increase even more in the coming days. At the same time, after the announcement of the new policy, the company’s share price has also seen a decline of about $ 54 billion.
What will be the effect of Netflix Password Share Policy – Till now any Netflix user used to share his password with friends and relatives. Due to which the revenue of the company suffered a lot. But when Netflix’s free password share policy will be rolled out, then users will have to pay a separate surcharge if they share the password.