The end of sharing account on netflix?

Netflix has become one of the favorite services to watch series and movies for millions of users. There are also other services like HBO or Hulu that hook many users. A very comfortable way to watch your favorite series.

The end of sharing account on Netflix?

There are users who, to save money, share their account with another person. Whether it's someone in your family, a friend, or a coworker. Thus, both can enjoy the contents of the company. Although, it seems that Netflix is ​​looking for ways to end that situation.

Profits go down

Netflix offers different plans to its users. Thus, they can choose the one that suits them best. Although, a very high percentage shares account. 21% of adults between 18 and 24 years old do so. While this means that more people are consuming content from services like Netflix or HBO, revenue is falling.

Netflix has seen subscriptions drop noticeably. This also lowers revenue, so the streaming service is considering taking action. One of them would be to find ways to prevent an account from being shared. Something that on paper would make the user make their own account. But, that in reality can cause the user to leave the platform.

The latest figures comment that streaming platforms lose $ 550 million due to users sharing accounts. Certainly a huge number that can limit your growth and investments in new content. We'll see what steps Netflix, Hulu, or HBO take in the coming months to prevent that. Do you share an account?