Do you also share the password of the popular OTT platform Netflix? Soon the company is going to give you a big shock. According to the latest report, the company is going to make changes in its business model. Under this, new plans will be introduced, as well as advertisements will also be shown. Not only this, the company will now charge money for sharing Netflix password with others.
Netflix recently said that there are more than 100 million households who are using Netflix but are not paying for it. These people take passwords from their friends or people they work with. Due to this, the company is now planning to charge a fee for sharing the password.
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Cheap plan, but with ads
Along with this, the company can also offer some cheap plans. However, users will have to see advertisements in it. In this regard, Netflix is also falling behind a bit. Major streaming platforms like Disney+ Hotstar, HBO Max and so on are already offering such plans to the users.
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dwindling subscribers
Netflix has lost a significant number of subscribers in the last quarter. This number may increase further in the June quarter. This shows that now users are not much interested in Netflix Premium. The company can get some relief due to the new plan coming.