The company announced that Netflix passwords can no longer be shared with friends

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The OTT platform Netflix is ​​a favorite among users worldwide. The Netflix OTT platform offers popular movies and web series from India and abroad, with options ranging from Squid Game to The Good Doctor. There are many movies and web series on this platform every year. are released the month

Users share their passwords with friends on this platform, but from the coming weeks, users will not be able to do so.

On Tuesday, Netflix took a new step to increase revenue by allowing only one family to use a Netflix account.

At the beginning of 2023, Netflix It said that more than 100 million users worldwide share their account passwords, which has also affected the company’s revenue. Due to this, the company has now introduced a plan for users who share account passwords in some countries, in which more than one person can be added by paying more. Which has been implemented in more than 100 countries.

Also in April, Netflix said its subscriber base reached 232.5 million, setting a record for the first quarter of the year. Also, it has to be seen what effect the company will have after this announcement.