Netflix issued a notice saying it will expand its crackdown on Netflix accounts that are sharing passwords between several households as it rolls out paid sharing “more broadly”  during the first quarter of 2023.
In a letter (pdf) dated Thursday, the Los Gatos, California-based streaming service said that widespread account sharing is undermining its business and ability to invest in the company. Now, Netflix will intensify its bid to combat password-sharing.
“Today’s widespread account sharing (100M+ households) undermines our long term ability to invest in and improve Netflix, as well as build our business,” the letter to shareholders reads. “While our terms of use limit use of Netflix to a household, we recognize this is a change for members who share their account more broadly.”…