Netflix’s paid password sharing to roll out ‘extra broadly’ within the coming months

An illustration of the Netflix logo.
Illustration by Alex Castro / The Verge

The period of Netflix password sharing will quickly come to a detailed. Netflix has plans to implement password-sharing guidelines “extra broadly” towards the top of the primary quarter of 2023, the corporate introduced in its earnings report right now.

“Whereas our phrases of use restrict use of Netflix to a family, we acknowledge this can be a change for members who share their account extra broadly,” Netflix writes. “As we roll out paid sharing, members in lots of international locations can even have the choice to pay additional in the event that they wish to share Netflix with folks they don’t dwell with.”

The corporate additionally introduced that its CEO Reed Hastings is stepping down after 25 years of operating the corporate and can move the baton to Ted Sarandos, who had already been serving as co-CEO, and Greg…

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