Popular streaming service Netflix is planning to put an end to password sharing starting in early 2023
There have been persistent rumors about the end of password sharing
Netflix has been exploring methods to crack down on it, but the changes are set to officially go into effect next year.
Netflix has long known that password sharing is a problem affecting its profits.
With revenue falling this year and Netflix's first subscriber loss in 10 years.
Starting in 2023, Netflix plans to ask people who share accounts with others outside of their household to pay to do so.
Netflix has been testing add-on payments for password sharing in some Latin American countries.
The primary account owner must provide a verification code to anyone outside the household who wants to access.
Netflix wants those who have a shared password to sign up for their own subscription.
Netflix will enforce password sharing rules through IP addresses, device IDs, and account activity.